Accused of harassment against two whistleblowers, ubs group may face a ban in France.
ubs group is on trial in Paris for allegedly harassing two whistleblowers. The two had previously exposed the bank's assistance to wealthy French individuals in evading taxes. Stephanie Gibaud, a French subsidiary of ubs group, is accused of marginalizing former auditor Nicolas Forissier and significantly cutting his bonuses. At that time, Forissier was writing a report highlighting potential illegal activities. The bank is also accused of punishing Stephanie Gibaud, who helped authorities monitor clients during an event organized during the 2011 French Open. In addition to the harassment charges, the maximum penalty is 75.
Small-Cap Stocks Are Breaking Out. The Big Test Is Coming.
Art Cashin, NYSE Floor Trader and CNBC Fixture, Dies -- WSJ
On December 2, the top 20 trades on the U.S. stock market: Apple reached a historic high, regaining the title of the largest company by global market cap.
On Monday, Tesla topped the US stock market turnover with a 3.46% increase, trading at $26.717 billion. Tesla recently announced the latest version of its autonomous driving software, FSD V13.2. Based on the update details and test videos, the new version has seen multiple evolutions, including support for 36Hz video input processing, an advanced new AI4 architecture, the system's ability to understand more complex road conditions, identify closed sections and detour, improve efficiency in handling obstacles, and optimize issues like steering wheel shaking. It is worth mentioning that FSD now supports door-to-door autonomous driving capabilities. brokerage
Top Gap Ups and Downs on Friday: MUFG, UBS, SMFG and More
ubs group: Zhuhai residents will travel to Australia weekly next year, which is a mild bullish factor for gaming stocks, with Sands China being the top choice.
UBS Group released a research report stating that the National Immigration Administration announced that Zhuhai household residents can apply for the 'One Week, One Trip' to Macau starting from January 1st next year; while residents of the Hengqin Guangdong-Macao Deep Cooperation Zone can 'One Permit, Multiple Trips' to Macau. The bank believes that the above actions are moderately bullish for Macau's casino stocks, reflecting the central government's support for Macau, but due to the limited coverage, it is unlikely to bring significant growth to gambling revenue. The bank remains bullish on Macau's gambling industry, with Sands China (01928) as its top pick.
