UBS beats profit forecast but shares fall
UBS beats profit forecast but shares fall as buyback plan fails to impress
Fourth-quarter profit at UBS Group well exceeded forecasts on Tuesday but the lender's shares fell as its buyback plans, contingent on no changes to Swiss capital rules, failed to impress investors. Francis Maguire reports.
UBS, Swiss
Sergio Ermotti has a U.S. problem. The UBS boss acknowledged as much on Tuesday by releasing some new targets for the ...
Instead of looking over its shoulder at the rest of Europe, Swiss bank would prefer to narrow gap on US rivals ...
Swiss bank UBS is marketing two dollar-denominated additional tier 1 (AT1) bonds--a 5-year perpetual non-call bond at an initial price talk of 7.75%, and a 9.5-year perpetual non-call bond at an ...
UBS Group AG said it managed to offset the effect of tougher rules on its trading operations which Switzerland had introduced ...
The Zurich-based bank is in the midst of overhauling its U.S. wealth business with a greater priority on mass affluent clients and lower costs.
Swiss banking giant UBS said Tuesday that it remained on track to substantially wrap up its mega-merger with Credit Suisse by ...
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Uncertainty surrounding global trade has some on Wall Street recommending that investors prepare for market volatility by ...
Die UBS hat seit der Übernahme der Credit Suisse mehr als 10.000 Stellen gestrichen und damit einen Meilenstein in den ...
Q4 2024 Management View CEO Sergio Ermotti highlighted the strong fourth-quarter and full-year 2024 performance, with a net profit of $5.1 billion and underlying return on CET1 capital of 8.7%.
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