UBS takes a hit from Archegos scandal as it reports first-quarter net profit of $1.8 billion

View in Browser  |  Forward to a Friend Tue, 27 Apr 2021 MORNING SQUAWK EMEA TOP NEWS          GUEST HIGHLIGHTS DJIA 33,981.57 61.92 -0.18%  S&P 500 4,187.62 7.45 +0.18%  NASDAQ 14,138.78 121.97 +0.87%  FTSE 100 6,963.12 24.56 +0.35%  CAC 6,275.52 0.00 0.00%  DAX 15,296.34 0.00 0.00%  Quotes and charts as of Tue, 27 Apr 2021 07:44 AM CEST. Top News Tue, 27 Apr 2021 07:41 AM CEST UBS takes a hit from Archegos scandal as it reports first-quarter net profit of $1.8 billion The Swiss lender said profit was $434 million lower as a result of the default by the Archegos hedge fund. Tue, 27 Apr 2021 07:36 AM CEST HSBC shares in Hong Kong up 2.7% after pre-tax profit in the first quarter beat expectations The London-headquartered bank, which makes most of its revenue in Asia, said its reported profit before tax rose to $5.8 billion. Tue, 27 Apr 2021 01:08 AM CEST Tesla posts record net income of $438 million, revenue surges by 74% Tesla beat expectations on revenue and earnings in Q1, but the stock dropped slightly after hours. Mon, 26 Apr 2021 08:57 PM CEST Apple releases the iPhone update that Facebook has been worried about for months IOS 14.5 adds a lot of new features, such as privacy changes, new Siri voices and the option to unlock your iPhone with an Apple Watch if you're wearing a mask. Tue, 27 Apr 2021 03:36 AM CEST 'As good as it gets?' Barclays picks its favorite global stocks for a bumper earnings season Within the tech sector, analysts at Barclays are "most optimistic" on semiconductor stocks and picked three favorites. Guest Highlights – Today on CNBC All times given in CET. 07:00 Ewen Stevenson CFO, HSBC HSBC Earnings 07:30 Philippe Houchois Senior Automotive Analyst, Jefferies Tesla Earnings 08:00 Ralph Hamers CEO, UBS Earnings 08:05 Bernard Looney CEO, BP BP Earnings 08:15 Vas Narasimhan CEO, Novartis Earnings 08:45 Ester Baiget CEO, Novozymes Earnings 09:15 Storm Uru Manager, Liontrust Global Dividend Fund Strategy 10:15 Pal Kildemo CFO, Hydro Earnings 10:45 Daniel Ives Managing Director - Equities, Wedbush Securities Tesla Earnings Terms Privacy Policy Unsubscribe Advertise with us