Investment Bank Gives Italy Higher Chance To Win World Cup Than Sweden, Which Eliminated Italy
Investment banks are big into making predictions — by their very nature they have to be good at it. But the UBS World Cup predictions might need a bit more work. The company gave Italy a 1.6 percent chance to win the World Cup, even though the Azzurri aren’t even in the tournament.
UBS, which stands for you don’t really need to know for the sake of this article, is an investment bank based out of Switzerland. They recently employed 18 analysts and editors and ran computer simulations to predict the most likely winner of the 2018 World Cup.