UBS raised its price target for Eurobank, noting that operations in Cyprus contribute to the company's profits.

The entities involved

• UBS →

  Swiss multinational investment bank and financial services company

  • Multiple major banks, including Citigroup, UBS, Bank of America, and Barclays, have issued updated price targets and ratings.00:01
  • UBS estimates risk to data center capacity as Nvidia's stock decline contributes to Nasdaq-100 drop.Fri 15:02
• Eurobank →

  bank in Belarus (2009–2015)

  • Greek banks like Eurobank and Alpha Bank, alongside UniCredit, are engaging in cross-border capital raising and bond issuance in the Balkans.Tue 12:46
  • ECB approval is required for Eurobank's planned share capital reduction.Mon 14:05
• Cyprus →

  country in the Mediterranean Sea

  • Turkey's Erdogan used the UN General Assembly to stress the importance of Turkish Cypriots' rights in Cyprus.Fri 23:46
  • Iranian forces weighed strikes on US assets in Bulgaria and Cyprus, while also attacking a US base in Jordan and denying a meeting in Erbil.Fri 23:16

Related events

• ECB compares US and euro area household investment while warning that Cyprus faces investment challenges, alongside the CBC governor discussing financial literacy in Cyprus.Sep 20
• Bank of Cyprus provided data showing that Greek investors are reducing their investment rates.Oct 30
• US companies are showing increased investment interest in Cyprus.Mon 13:43
• ECB released estimates on inflation rates for Cyprus, Malta, Lithuania, Luxembourg, and Bulgaria.Oct 19
• Cyprus's economic expansion is being compared to the EU rate, while a Cera chairman calls for structural investment in Europe.Oct 23