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Anaplan launches new data centre in India to enhance local operations and compliance

Anaplan has launched a new data centre in India as part of a $500 million investment aimed at enhancing innovation and global reach. This facility addresses the growing demand for data-driven decision-making, ensuring data residency and compliance with local regulations, while also supporting planned expansions in Indonesia and Singapore. The centre will significantly improve performance and reduce latency for Indian customers, facilitating better financial forecasting, supply chain optimisation, and digital transformation initiatives.

ubs group ag navigates growth challenges after credit suisse acquisition

UBS Group AG has seen a 17.4% increase in shares over the past six months, driven by strategic expansions and a solid capital position, despite facing legal challenges and rising expenses. The integration of Credit Suisse is progressing, with a target of $13 billion in cost reductions by 2026. However, the company is grappling with class action lawsuits and escalating operational costs, which may impact profitability in the near term.

dht holdings reports earnings dividend announcement and institutional investments

DHT Holdings, Inc. operates a fleet of 24 very large crude carriers and provides technical management services. As of March 15, 2024, the company reported a market cap of $1.89 billion, with a recent quarterly EPS of $0.27, surpassing estimates. DHT declared a dividend of $0.15 per share, yielding 5.1%, and has a "Moderate Buy" rating from analysts.

Swiss banks gain mortgage clients as UBS faces customer exodus

Customers with mortgages are increasingly leaving UBS for smaller Swiss banks, driven by a desire for security and local presence. The mortgage business is thriving at institutions like BEKB and LLB, with significant growth attributed to former UBS clients following the CS takeover. Banking expert Peter V. Kunz notes that UBS's reduced branch network and tarnished image contribute to this trend, as the bank shifts focus towards wealthier clients and international financing.

hsbc establishes capital markets and advisory group to enhance private credit presence

HSBC has restructured its capital markets and corporate advisory divisions, creating a new capital markets and advisory group to enhance its private credit sector presence. Adam Bagshaw will lead this initiative, integrating financing solutions with corporate finance services, while aiming for growth in Asia and the Middle East. This move follows a broader restructuring aimed at achieving $1.5 billion in cost savings.

coller capital partners with deutsche bank to launch private equity fund

Coller Capital has partnered with Deutsche Bank to offer the Coller Private Equity Secondaries Fund to qualified wealth management clients in Asia and select EMEA countries, managing over $40 billion in secondaries. The fund, with a minimum commitment of $50,000, provides access to liquidity in the private capital ecosystem.Meanwhile, RQI Investors launched a UCITS vehicle of its Global Value strategy, targeting UK, European, Singaporean, and Canadian investors, with an initial $50 million investment. This marks RQI's first international offering, building on a successful 16-year track record.

intercontinental exchange reports strong earnings and announces quarterly dividend

Intercontinental Exchange, Inc. (NYSE: ICE) reported a quarterly EPS of $1.72, exceeding estimates, with revenue of $2.47 billion, up 8% year-over-year. The company announced a quarterly dividend of $0.48, yielding 1.10%, and insiders have sold 42,368 shares valued at over $7 million recently. Analysts maintain a "Moderate Buy" rating, with a consensus target price of $185.93.

canada goose shares see significant institutional trading activity and analyst ratings

Canada Goose Holdings Inc. (NYSE:GOOS) saw significant changes in institutional ownership, with Barclays PLC reducing its stake by 90.1% in the last quarter. Analysts currently rate the stock as "Hold," with a consensus price target of $10.20, while shares opened at $9.10, reflecting a 1.0% decline. The company, which specializes in luxury apparel, operates through Direct-to-Consumer, Wholesale, and Other segments across various global markets.

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