{
}
European markets are experiencing mixed performances, with the STOXX Europe 600 Index gaining for the fourth consecutive week amid easing trade tensions. Dividend stocks are becoming increasingly attractive for stability and income potential during economic uncertainty, with notable options including Bredband2 i Skandinavien (4.33% yield) and Rubis (6.80% yield). However, concerns arise from companies like Hapag-Lloyd and ProCredit Holding, which face dividend instability despite decent yields.
Recent executive changes may affect future performance, yet the stock remains significantly undervalued, presenting an opportunity for dividend-seeking investors. The European market is seeing a rise, with the STOXX Europe 600 Index up 3.44%, prompting interest in dividend stocks with strong fundamentals. Notable options include Julius Bär Gruppe (4.73% yield), Zurich Insurance Group (4.29%), and EFG International (4.64%), which, despite some volatility, offers potential value and reliable payouts.
The job market for bank employees in Switzerland is contracting, with the ten largest banks advertising 25% fewer positions in April compared to the previous year. UBS and Credit Suisse are notably impacted, with job postings down 23% and 36%, respectively. Overall, vacancies are over 40% lower than in spring 2023, reflecting a broader trend of declining job opportunities in the sector.
UBS has exited the onshore wealth market in India, selling its local business to 360 ONE WAM for 3.07 billion rupees ($36 million) after inheriting it from the Credit Suisse takeover. This move contrasts with global rivals like LGT and HSBC, which are expanding in India, capitalizing on the country's rapidly growing millionaire population. UBS is instead focusing on China, enhancing its investment banking and wealth management offerings there, while continuing to serve global Indians through its offshore business.
UBS has exited the onshore wealth market in India, selling its local business to 360 ONE WAM for 3.07 billion rupees ($36 million) while retaining a 4.95% stake. This move contrasts with global rivals like LGT and Julius Baer, who are expanding in India, capitalizing on the country's growing millionaire population, projected to reach 1.06 million by 2028. UBS is instead focusing on China, enhancing its investment banking and wealth management offerings there.
Swiss private bank EFG is establishing a London team to attract wealthy Asian clients seeking to diversify their investments amid rising geopolitical tensions and the US trade war. The new team, led by Oliver Balmelli, aims to capitalize on London's status as a key wealth management hub, targeting approximately SFr3bn in assets within three years. This move follows a trend of banks enhancing their presence in London, despite challenges posed by Brexit.
Jes Staley, former Barclays CEO, faces a lifetime ban from the Financial Conduct Authority (FCA) over his ties to Jeffrey Epstein, amid allegations of misleading the regulator. During a recent tribunal, Staley defended his relationship with Epstein, asserting it was professional, despite revealing intimate communications and admitting to a sexual encounter with Epstein's staff. The outcome of the case, which has drawn significant attention in the financial services industry, remains pending as the judge criticized the FCA's informal handling of inquiries.
Markets are reacting to President Trump's recent tariff announcements, with the potential for "phenomenal" negotiations ahead. Meanwhile, OPEC+ has unexpectedly increased supply by three times the planned amount for May, causing market turmoil. The implications of these tariffs on Africa's poorest economies and the future of TikTok in the US are also under discussion. Guests include Mark Matthews from Julius Baer, Vandana Hari of VANDA Insights, and Jordan Rochester from Mizuho Bank.
Felicity Selcoe, a former Top 30 star recognized by Citywire, has joined Barclays Private Bank. Previously, she served as a vice president on JP Morgan’s investor desk and was a director at Julius Baer in its investment advisory division, following her tenure at Smith & Williamson.
Marcuard Heritage has appointed Monica Dahinden, a former HR executive from Credit Suisse, to its board of directors. With over 20 years of experience, Dahinden has held various HR management roles, most recently overseeing approximately 17,000 employees as head of people for the Swiss bank and region.
Julius Bär Gruppe AG
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
European dividend stocks show promise amid economic uncertainty and mixed performances
Bredband2 i Skandinavien AB
OVB Holding AG
Banque Cantonale Vaudoise
Fugro N.V.
ProCredit Holding AG
Zurich Insurance Group AG
St.Galler Kantonalbank AG
Julius Bär Gruppe AG
DEU
IND
ROU
CHE
MEX
GBR
NLD
ZAF
USA
AUS
FRA
Show more
07:01 13.05.2025
european dividend stocks show promise amid market optimism and executive changes
Bredband2 i Skandinavien AB
OVB Holding AG
Banque Cantonale Vaudoise
EFG International AG
Cembra Money Bank AG
Zurich Insurance Group AG
Swiss Re AG
Deutsche Post AG
Julius Bär Gruppe AG
DEU
AUT
ESP
SWE
NOR
ITA
BEL
CHE
FIN
DNK
GBR
NLD
LUX
FRA
ISL
Show more
12:01 07.05.2025
job market for bank employees in switzerland sees significant decline
Swiss Franc
Lombard Odier Funds - Asia Value Bond
Zürcher Kantonalbank
Julius Bär Gruppe AG
Vontobel Holding AG
Raiffeisenfonds-Wachstum T
Credit Suisse Real Estate Fund Siat
CHE
Show more
09:53 05.05.2025
ubs exits onshore wealth market in india amid rival expansion
Indian Rupee
Julius Bär Gruppe AG
Credit Suisse Real Estate Fund Siat
Barclays PLC
IND
AUS
CHE
JPN
CHN
TWN
Kubra Khan
Sergio Ermotti
Nitin Singhi
Lok Yim
Show more
06:21 23.04.2025
ubs exits onshore wealth market in india amid rival expansion
Chinese Yuan
Swiss Franc
Indian Rupee
United States Dollar
Singapore Dollar
Julius Bär Gruppe AG
Credit Suisse Real Estate Fund Siat
Barclays PLC
IND
AUS
CHE
JPN
CHN
TWN
Kubra Khan
Sergio Ermotti
Nitin Singhi
Lok Yim
Show more
06:21 23.04.2025
efg bank targets wealthy asian clients with new london team
United States Dollar
Lion Bank of Singapore EM Bd AUDIncH
Julius Bär Gruppe AG
Pictet TR - Atlas
CHE
GBR
LUX
FRA
USA
DEU
NLD
Giorgio Pradelli
Oliver Balmelli
Show more
06:00 21.04.2025
jes staley faces judgment over ties to jeffrey epstein in court battle
United States Dollar
Julius Bär Gruppe AG
JPMorgan Chase & Co.
Barclays PLC
GBR
USA
Timothy Herrington
Jonathan Davidson
Peter Mandelson
Jeffrey Epstein
Bob Hoyt
Leigh-Ann Mulcahy
Prince Andrew, Duke of York
Crispin Odey
Nigel Higgins
Jes Staley
Show more
14:00 05.04.2025
markets react to trump tariffs and opec supply increase impacts
United States Dollar
Julius Bär Gruppe AG
Mizuho Financial Group, Inc.
Vandana Hari
Mark Mathews
Jordan Rochester
Show more
08:53 04.04.2025
Felicity Selcoe joins Barclays Private Bank after successful career in finance
Japanese Yen
Smith & Williamson Eagle
UWS JP Morgan EM A OSB
Julius Bär Gruppe AG
Barclays PLC
GBR
Felicity Selcoe
Show more
16:22 03.04.2025
Marcuard Heritage appoints Monica Dahinden to board of directors
10:26 01.04.2025
Trending
Subcategory
Countries:
Companies:
Currencies:
People: