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.
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 ...
UBS Group AG said it managed to offset the effect of tougher rules on its trading operations which Switzerland had introduced ...
UBS shares sank on Tuesday after its CEO warned again about the negative impact of new Swiss capital rules and the bank said ...
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.
UBS Group AG exceeds Q4 expectations, plans for cost cuts and improved RoCET1, faces challenges post Credit Suisse takeover.
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Strategists at UBS on Thursday raised their 12-month forecast for the precious metal to $3,000 an ounce, from their long-held forecast of $2,850, noting that gold's rise to all-time highs this week ...
Imposing higher capital requirements on UBS as a systemically relevant bank will usher in higher costs for companies and ...
Swiss banking giant UBS said Tuesday that it remained on track to substantially wrap up its mega-merger with Credit Suisse by ...
UBS raised the firm’s price target on Disney (DIS) to $130 from $120 and keeps a Buy rating on the shares. Disney reported solid Q1 results ...
ZURICH, Feb 6 (Reuters) - UBS would be seriously weakened and forced to consider its strategy if Swiss rules required it to hold 25 billion Swiss francs ($27.69 billion) more in additional capital, ...
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