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Feb 1, 2024
02/24
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we will bring you the numbers work bmp and julius baer. the red head as her mother's job cuts, but the buyback would always begin focus for analysts, and the detail is coming through with 675 million euros being outlined in terms of plans for a buyback. the q4 was amiss for deutsche bank in terms of what this all in terms of tech sales and trading revenue coming in low estimates. net revenue in the fourth quarter missing in terms of estimates coming in at 6.6 billion euros. the estimates had been for 6.8 billion. we hear from the cfo later this hour. that interview 6:30 a.m. london time. we will also bring you the latest in terms of earnings coming through from the dutch financial company ing with the redhead crossing out and the focus is on the net interest income given expectations rates will be moving lower for the ecb. coming in below estimates, it is a missing terms of net interest income for ing with 3.88 billion euros coming through. the estimate had been for 4 billion euros. in terms of topline it is a bead of the estimates for the
we will bring you the numbers work bmp and julius baer. the red head as her mother's job cuts, but the buyback would always begin focus for analysts, and the detail is coming through with 675 million euros being outlined in terms of plans for a buyback. the q4 was amiss for deutsche bank in terms of what this all in terms of tech sales and trading revenue coming in low estimates. net revenue in the fourth quarter missing in terms of estimates coming in at 6.6 billion euros. the estimates had...
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Feb 6, 2024
02/24
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let's not forget there is a recent issue with julius baer. asked him if he is expecting tougher regulations going forward and whether swiss banking has simply just been taking on too much risk. >> the aftermath of the crisis last march, particularly in respect with the regional banks, but also the one here in switzerland needs to be considered. that doesn't mean liquidity management is the new era of digital banking. saying that, it is important we don't jump too quickly to conclusions with the regulations and how we manage unintended consequences or collateral damage we may make to clients and the economy. i think it is good to review things. you know, as far as switzerland, i do think there is a commission that is investigating what happened. it is clear to me that what happened in march in switzerland was not due to lack of regulation or clear regulation. i do hope that all actors will sit down and each of us has to take his own responsibility for what happened. >> given what happened to credit suisse and now recently, not to the same leve
let's not forget there is a recent issue with julius baer. asked him if he is expecting tougher regulations going forward and whether swiss banking has simply just been taking on too much risk. >> the aftermath of the crisis last march, particularly in respect with the regional banks, but also the one here in switzerland needs to be considered. that doesn't mean liquidity management is the new era of digital banking. saying that, it is important we don't jump too quickly to conclusions...
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Feb 1, 2024
02/24
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let's look at this story with julius baer. the ceo has stepped down as the ceo.his comes after the company reported for the full year that this swiss wealth manager posted more than 600 million swiss franc loss linked to signature holding. 6% higher than the bank expected it will now wind down the private debt business. now an interim ceo has been appointed. >>> in other bank stories, ing is lower in early trade after cutting the income forecast for 2024 despite posting a narrow fourth quarter profit beat up more than 43% to over 1.5 billion euro in the period. >> remarkable to see how much the banking stocks are moving on the misses with the net interest income bnp reporting 46 billion euro revenue in 2023 and coming in 3% higher on the year, but below estimates. the bank trimmed profitability target saying the return on tangible equity could be 1.5% which is down from the original 12% guidance figure. charlotte, the market is reacting to the updated guidance with the lower estimate, but pushing back on the return of equity >> that is a target last year to reach
let's look at this story with julius baer. the ceo has stepped down as the ceo.his comes after the company reported for the full year that this swiss wealth manager posted more than 600 million swiss franc loss linked to signature holding. 6% higher than the bank expected it will now wind down the private debt business. now an interim ceo has been appointed. >>> in other bank stories, ing is lower in early trade after cutting the income forecast for 2024 despite posting a narrow fourth...
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Feb 13, 2024
02/24
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we will be talking about strategy with julius baer. the ma opens in sl an tokyo are next.oomberg. ♪ ♪ >> this is "daybreak: asia." counting down to the major market opens, we are bracing for even more of that slide. really echoing the reality check u.s. equities had overnight with the harder than expected u.s. inflation. cpi pushing markets to reprice fed expectations to pull back on expectations and the number of cuts we are looking at from the fed and potentially looking at the idea of the final leg of this cycle for rates being potentially stickier and more volatile than previously priced in. look at how we are trading in australia. every segment of the market is already trading in the red. financials bearing the brunt of the selloff as we had cpa as a headline beating expectations with the drop in margins continuing to worry investors. getting straight to the open in japan. a bit of upside at the end of
we will be talking about strategy with julius baer. the ma opens in sl an tokyo are next.oomberg. ♪ ♪ >> this is "daybreak: asia." counting down to the major market opens, we are bracing for even more of that slide. really echoing the reality check u.s. equities had overnight with the harder than expected u.s. inflation. cpi pushing markets to reprice fed expectations to pull back on expectations and the number of cuts we are looking at from the fed and potentially looking...
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Feb 2, 2024
02/24
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on top of that, julius baer with their exposure to cigna which is exposed to commercial real estate. the ceo there philip rickenbacker steps down. what happens? the share price goes up 7% plus. not exactly a thumbs up. it did retreat and finish the day by 0.9% higher. that was the initial risk. this is something has been built into not just u.s. banks but also international banks. or a bank 33% down. david: the biggest two-day drop since it became a public company. people seem to forget rate hikes from last year. this year is going to be when they bite. a soft landing in the u.s.. you are getting parts of this, the commercial property side of the conversation. it is looking like we are trying to figure out the exposure. yvonne: is it still something that is idiosyncratic? is it something that is existential when it comes to regional banks and their exposure to commercial property? at this point it still seems like a one-off. but the fed i'm guessing is looking at this very closely. perhaps may be -- you are seeing despite what they said at the meeting, you are seeing this tension whe
on top of that, julius baer with their exposure to cigna which is exposed to commercial real estate. the ceo there philip rickenbacker steps down. what happens? the share price goes up 7% plus. not exactly a thumbs up. it did retreat and finish the day by 0.9% higher. that was the initial risk. this is something has been built into not just u.s. banks but also international banks. or a bank 33% down. david: the biggest two-day drop since it became a public company. people seem to forget rate...