UBS

UBS Turns Positive on European Brewers, Downgrades Spirits Amid Soft U.S. Demand

ByAmna Habib

In a fresh move that could reshape sentiment across the drinks industry, UBS recently turned bullish on European brewers while expressing caution toward global spirits producers. This shift comes amid a challenging backdrop for alcohol consumption in the United States. For investors and market watchers, the decision signals a changing mix of risks and opportunities…

UBS

UBS Agrees to $300 Million Settlement in US Mortgage Securities Cases

ByAyesha Sadeeqa

UBS will pay $300 million to settle a long‑standing U.S. case, bringing closure to disputes tied to past mortgage‑backed securities dealings. The case is linked to mortgage‑backed securities sold before the 2008 financial crisis. This deal wraps up obligations inherited from Credit Suisse, which UBS bought in a government‑brokered rescue in 2023. For years, these…