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UBS slashes German bond yield forecast as euro zone growth sputters

UBS slashes German bond yield forecast as euro zone growth sputters LONDON, Oct 2 (Reuters) - UBS has slashed its forecast for short-dated German bond yields, and said the European Central Bank may have to cut interest rates as low as 1% if weak euro zone growth does not pick up. The Swiss investment bank said it now expects the two-year German bond yield DE2YT=RR to fall to 1.5% by the end of the year, a sharp drop from the current level of 2.04%, from a previous forecast of 1.8%.
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What are the key issues in Mozambique elections?

FACTBOX-What are the key issues in Mozambique elections? Updates with election date By Bhargav Acharya JOHANNESBURG, Oct 2 (Reuters) - Mozambicans will vote in presidential and legislative elections on Oct. 9 that are almost certain to extend the ruling Frelimo party's half century in power, as it battles a long-running Islamist insurgency in one of Africa's largest gas fields.
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Swiss regulator FINMA calls for stronger powers to oversee banks

Swiss regulator FINMA calls for stronger powers to oversee banks ZURICH, Oct 1 (Reuters) - The head of Switzerland's financial market regulator (FINMA) said on Tuesday his watchdog needed to be granted greater powers to oversee banks, speaking as the country works to make its financial system more robust. FINMA boss Stefan Walter took over at FINMA in April, a year after the collapse of Credit Suisse sent shockwaves through the Swiss banking sector, leading to its acquisition by rival UBS.
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Most banks expect gold's bull run to persist into 2025

REFILE-FACTBOX-Most banks expect gold's bull run to persist into 2025 Corrects date in dateline Sept 30 (Reuters) - Major banks expect gold to extend its record-breaking price rally into 2025 because of a revival in large inflows to exchange-traded funds (ETFs) and expectations of additional interest rate cuts from prominent central banks around the world, including the U.S.
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Orcel, the dealmaker determined to redraw Europe's banking map

RPT-NEWSMAKER-Orcel, the dealmaker determined to redraw Europe's banking map Repeats Friday's story with no changes to the text Veteran dealmaker Orcel has ambitions for cross-border tie-up Commerzbank's incoming CEO, workers oppose deal with UniCredit Orcel has driven sharp rise in profits, shares at UniCredit Orcel "disciplined" and could still walk away, he says By Valentina Za and Stefania Spezzati MILAN/LONDON, Sept 27 (Reuters) - Upon taking the top job at Italian bank UniCredit CRDI.MI in
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