FMP
Strong UBS Market Share Puts Swiss Industry on Edge
Jun 12, 2024 6:52 AM - Parth Sanghvi
Image credit: Nils Lindner
A Reuters analysis highlights the dominance of UBS in the Swiss franc bond underwriting market, raising concerns for other Swiss industry players.
The key takeaway:
- UBS holds a whopping 45% market share for underwriting Swiss franc-denominated bonds in 2023.
- This dominant position might squeeze out competition from other Swiss financial institutions.
This situation could lead to:
- Reduced competition: With a significant market share, UBS might have more leverage in setting terms and pricing for bond issuances.
- Consolidation: Smaller players might struggle to compete and consider mergers or acquisitions.
Overall, the strong market position of UBS casts a shadow over the future of the Swiss financial industry, potentially leading to a less diverse landscape.
Dive into SEC Filings. Effortlessly.
Financial Modeling Prep's SEC Filings API offers:
- Direct filing links & downloads
- Company-specific RSS feed updates
Gain the intel you need. Start now - https://site.financialmodelingprep.com/developer/docs/sec-filings-api
Other Blogs
May 14, 2024 11:41 AM - Sanzhi Kobzhan
The easiest way to calculate stock’s target price and why the target price is important.
A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...
May 16, 2024 8:06 PM - Gordon Thompson
Deutsche Bank Upgrades AST SpaceMobile to Buy Amid Legal Challenges
On Thursday, May 16, 2024, Deutsche Bank upgraded its rating on NASDAQ:ASTS to Buy, maintaining a hold position. At the time of the announcement, ASTS was trading at $4.03. This decision was accompanied by an increase in the price target for AST SpaceMobile, raised to $22 from $19, as detailed in a ...
May 24, 2024 9:30 AM - Rajnish Katharotiya
How to Access and Analyze Earnings Call Transcripts
Earnings call transcripts are invaluable resources for investors, analysts, and financial enthusiasts. They provide insights into a company's performance, strategy, and future outlook, making them essential for making informed investment decisions. With Financial Modeling Prep, Earnings Call Transcr...
