Imposing higher capital requirements on UBS as a systemically relevant bank will usher in higher costs for companies and households, the Swiss lender's CEO, Sergio Ermotti, said on Thursday.

In a report released today, Mark Carden from UBS maintained a Hold rating on Metro Inc. (MRU – Research Report), with a price target of

UBS analyst Susy Tibaldi updated the financial outlook for EssilorLuxottica SA (EL:FP) (OTC: OTC:ESLOY), increasing the price target to EUR266.00 from the previous EUR248.00. The stock, currently trading near its 52-week high with a market capitalization of $125 billion,

In a report released today, Nik Modi from RBC Capital maintained a Hold rating on Clorox (CLX – Research Report), with a price target of

Brian McGill and Michael Hyser operate as Johns Creek Financial along with support-staff members Stacie Alexander and Alexis Griffin, according to the announcement. The team joined LPL's core platform, affiliating with the firm in a 1099 relationship and using a shared Form ADV.

Australian shares are poised to rise with inflation data awaited. Boeing surged, Nvidia rebounded and Apple extended its recovery. Follow updates here.

FnPS unlocks the potential for truly digital business models within and between institutions and helps accelerate transformation towards digital capital markets. Request the whitepaper Not a product of UBS research and does not constitute a financial ...

RBC Capital analyst Nik Modi maintained a Buy rating on Mondelez International (MDLZ – Research Report) yesterday and set a price target of

MSC Income Fund, Inc. ("MSC Income" or the "Company"), an externally managed business development company, today announced that it priced its public offering of 5,500,000 shares of its common stock (the "Common Stock") at $15.

ProLogis (NYSE:PLD) also reported a year-over-year increase of 17% in its leasing pipeline, suggesting a strengthening demand for its logistics facilities. This uptick is seen as a positive sign for the company's future revenue prospects and operational performance.

Financial markets are near certain that the Reserve Bank will cut interest rates in February, after the latest CPI data showed underlying inflation is falling back to its target more rapidly than forecast.

HSBC is preparing to wind down its M&A and equity capital markets businesses in Europe, the UK and the Americas as part of a major shake-up of its investment banking operations, a memo showed on Tuesday.