March 29, 2024
Investment

U.S. or Europe — where’s best to invest right now? CNBC Pro Talks goes on the road to find out

CNBC Pro Talks is hitting the road once again. This Wednesday at London Business School, CNBC’s Steve Sedgwick will ask two market experts where’s best to invest right now. Are U.S. or European stocks a better bet? Is a hard landing still in the cards? When will interest rates finally start to fall? And how

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Mortgage

Granite Point Mortgage Trust (NYSE:GPMT) Price Target Cut to $6.00

Granite Point Mortgage Trust (NYSE:GPMT – Free Report) had its price objective reduced by UBS Group from $6.50 to $6.00 in a research report report published on Wednesday morning, Benzinga reports. UBS Group currently has a buy rating on the stock. Other equities research analysts also recently issued research reports about the company. Raymond James

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Investment

UBS to cut 90 jobs in Asia private wealth and investment banking next month

UBS Group AG is planning to cut about 90 jobs in Asia private wealth and investment banking in March as China’s stock market rout and a slump in dealmaking have eroded revenue, people familiar with the matter said as quoted by Bloomberg. The Zurich-based lender is weighing a plan to cut about 70 jobs at

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