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UBS beats profit forecast but shares fall
UBS Shares Slump on Stock Buyback Uncertainty
The company details plans to improve the profitability of its wealth management unit, with a focus on the U.S. market.
UBS Earnings: UBS Shares Drop 6% Despite Strong Q4 Profits and Buyback
Shares of the banking giant UBS Group AG (UBS) dropped nearly 6% in pre-market trading, despite reporting strong Q4 profits. The bank’s $3
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 Buyback Plans Fail to Cheer Investors Awaiting Capital Rule
UBS Group AG shares slumped on Tuesday, signaling that uncertainty over an upcoming government decision on capital requirements is overshadowing the bank’s progress in integrating Credit Suisse.
8h
Swiss Regulator Finma Leans Against UBS Plea on Competitiveness
The chief executive of Switzerland’s financial regulator signaled that he’s resisting pressure to accept the competitiveness ...
1d
Answer to UBS’s chronic US problem may be M&A
Sergio Ermotti has a U.S. problem. The UBS boss acknowledged as much on Tuesday by releasing some new targets for the ...
1d
UBS is European banking’s loneliest mountaineer
Instead of looking over its shoulder at the rest of Europe, Swiss bank would prefer to narrow gap on US rivals ...
1d
UBS Has Cut 10,000 Jobs Since Credit Suisse Takeover in 2023
UBS Group AG has cut more than 10,000 roles since it bought Credit Suisse, marking a milestone in the lender’s efforts to ...
1d
UBS CEO takes aim again at Swiss capital rules, spooking shares
UBS shares sank on Tuesday after its CEO warned again about the negative impact of new Swiss capital rules and the bank said ...
Financial Planning
1d
UBS admits pay cuts likely to drive advisor attrition in 2025
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.
1d
UBS profit beats forecast as Credit Suisse merger nears end
Swiss banking giant UBS said Tuesday that it remained on track to substantially wrap up its mega-merger with Credit Suisse by ...
1d
UBS Group: Regulatory Overhang Dampens Q4 Earnings Beat
UBS Group AG exceeds Q4 expectations, plans for cost cuts and improved RoCET1, faces challenges post Credit Suisse takeover.
7h
TransDigm price target raised to $1,502 from $1,455 at UBS
UBS raised the firm’s price target on TransDigm (TDG) to $1,502 from $1,455 and keeps a Neutral rating on the shares. Flight activity is ...
6d
Wildfires just latest challenge for Los Angeles, Wells Fargo says
Investing.com -- The devastating wildfires raging across Los Angeles are the latest in a series of economic and structural ...
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