S&P 500 & Equities·Bloomberg Markets· 1h ago

UBS' Haefele Says 'Not Seeing Any Panic' Among Clients Over Iran Risks

The Big Market Report Take

Mark Haefele, CIO of global wealth management at UBS, says the firm's clients have been very "moderate" in their response to the Iran war. "We're not seeing elevated cash levels. We're not seeing any panic at all yet," Haefele tells Bloomberg Television. (Source: Bloomberg)

Not financial advice. The Big Market Report aggregates news for informational purposes only. Nothing on this site constitutes investment advice. Equities and other securities are subject to market risk. Always do your own research and consult a qualified financial advisor before making any investment decisions. Full disclaimer →

Never miss a story

More from this section