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A collection of 3 posts

UBS analysts say fake AI information could be 'highly disruptive'

Per Bloomberg News Analysts at UBS have started to share their concerns regarding how information from AI could potentially be "highly disruptive," especially to the financial markets. This comes as asking for financial suggestions from AI tools like ChatGPT have become extremely easy for anyone to access. The

UBS predicts a rise in commercial real estate loan defaults, although not a 2008-like credit crunch crisis

Per BI UBS is predicting an increase in defaults for commercial real estate loans. However, the impact isn't expected to be as bad as the global financial crisis in 2008. UBS Global Wealth Management Chief Investment Officer Americas, Solita Marcelli, wrote a note to clients detailing their view

Credit Suisse bankers flood recruiters with job inquiries ahead of UBS Group AG takeover

Per Bloomberg Credit Suisse bankers are now flooding recruiters with job inquiries ahead of the bank takeover. This comes as UBS Group AG is set to acquire the Swiss lender. According to sources from over a dozen firms, headhunters and other rival lender companies have experienced an influx of calls