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HSBC and UBS expand India wealth management arms after IPO boom
Banks to offer bespoke services and cater to households outside big cities as record listings create new millionairesFinancial Times - 19h -
FirstFT: Berkshire Hathaway raises stakes in Japan’s trading houses
Also in today’s newsletter, Trump hints at future summit with Xi, and HSBC and UBS expand India wealth management armsFinancial Times - 2h -
UBS lifts gold price forecast after metal tops $3,000
UBS’s chief investment office has lifted its gold price forecast to $3,200 from $3,000, saying it could reach that threshold by June.MarketWatch - 13h -
European stocks have crushed the U.S. — now a big bank is shifting its view
The year has started with a big rally for European stocks as the U.S. market struggles to remain above water. Now, HSBC strategists are changing their tune.MarketWatch - Mar. 10 -
This could be the start of a $1 trillion shift away from U.S. stocks, regardless of what Americans do
Foreign investors reallocating money away from the U.S. could fuel a $1 trillion sell order on U.S. equities, a UBS strategist said Friday.MarketWatch - 3d