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 Group AG said it aims to buy back up to $3 billion of its own shares this year, with Chief Executive Officer Sergio ...
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MORE than 500 investors have started their claims process against Switzerland for its forced write-down of Credit Suisse’s ...
Switzerland’s financial watchdog signaled it’s opposed to giving UBS Group AG any special treatment to aid its competitiveness against global rivals, as the country undergoes a regulatory overhaul ...
Sergio Ermotti has a U.S. problem. The UBS boss acknowledged as much on Tuesday by releasing some new targets for the ...
MORE than 500 investors have started their claims process against Switzerland for its forced write-down of Credit Suisse’s ...
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UBS Group AG (UBS) reports a robust $5.1 billion full-year net profit and proposes a 29% dividend increase amid strategic ...
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.
UBS shares sank on Tuesday after its CEO warned again about the negative impact of new Swiss capital rules and the bank said ...
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