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.
UBS Turns To Profit In Q4, Hikes Dividend, Plans $3 Bln Buyback; But Stock Down
UBS Group AG reported Tuesday a profit in its fourth quarter, compared to prior year's loss, benefited by increased revenues. The
UBS Aims to Boost Buybacks as Net Profit Beats Expectations
The group said net profit for the quarter was $770 million compared with a loss of $279 million in the year-earlier period, when its results were hit by costs related to the integration of Credit Suisse.
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 its buyback plans hinged on no major changes to them. Shares in Switzerland's largest bank initially rose after its fourth quarter profit beat forecasts,
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 warns $3bn buyback plan is hostage to Swiss capital overhaul
UBS warned investors that plans for a $3bn buyback this year could be derailed by reforms to the country’s bank capital regime, taking the shine off quarterly earnings that blew past expectations. UBS became the latest global bank to benefit from the trading frenzy following Donald Trump’s US presidential election victory,
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 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 hat seit Credit-Suisse-Übernahme 2023 10.000 Stellen gekürzt
Die UBS hat seit der Übernahme der Credit Suisse mehr als 10.000 Stellen gestrichen und damit einen Meilenstein in den ...
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 ...
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.
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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.
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UBS Stock: Q4 Profit Soars with Credit Suisse Integration
UBS has demonstrated remarkable financial resilience in the fourth quarter of 2024, posting a net profit of $770 million, ...
UBS says Credit Suisse integration to practically complete next year
UBS, Switzerland's largest bank, announced Tuesday it is on schedule with its 2024 targets for integrating Credit Suisse. The ...
UBS's Capital Return Plans, Integration Progress in Focus -- Earnings Preview
NET PROFIT FORECAST: UBS's quarterly net profit is forecast to be at $483 million, according to the consensus. The bank reported a net loss of $279 million for the year-earlier period, hit by around ...
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JPMorgan eyes space at former Credit Suisse tower in Canary Wharf
JPMorgan (JPM.N) is in talks to take overflow office space in Credit Suisse’s empty former offices in Canary Wharf, a source familiar with the matter told Reuters, having outgrown its own European ...