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UBS Has Cut 10,000 Jobs
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 integrate its former rival.
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 bank expects the merger to be largely finished by the end of 2026.
UBS profit beats forecast as Credit Suisse merger nears end
Swiss banking giant UBS posted better-than-expected fourth quarter results on Tuesday and confidently predicted its mega-merger with Credit Suisse would be substantially wrapped up by the end of 2026
UBS Aims to Boost Buybacks
UBS Buyback Plans Fail to Cheer Investors Awaiting Capital Rule
UBS Group AG said it aims to buy back up to $3 billion of its own shares this year, with Chief Executive Officer Sergio Ermotti returning more cash to investors amid 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 plans to repurchase $1 billion of its stock in the first half and buy back up to an additional $2 billion in the second.
Swiss bank UBS returns to profit in 4th quarter
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 Says Swiss Capital Rule Would Mean Higher Profit Retention
UBS Group AG says it would have to fund any new capital requirement from the Swiss government through higher profit retention, according to the bank’s Chief Financial Officer Todd Tuckner.
Swiss bank UBS returns to profit in fourth quarter
UBS Group AG was back in the black in the fourth quarter - based off better revenues - after incurring a loss in the same period of the previous year, the Swiss banking giant reported on Tuesday. For the fourth quarter,
privatebankerinternational
37m
UBS swings back to profit in Q4 2024
UBS has reported a net profit attributable to shareholders of $770m in Q4 2024, compared with a loss of $279m in the same ...
Business Times
9h
Over 500 investors start claims process against Switzerland for Credit Suisse AT1 write-down
MORE than 500 investors have started their claims process against Switzerland for its forced write-down of Credit Suisse’s ...
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 ...
Swissinfo
8h
Switzerland’s Finma Pushes Back Against Calls to Protect UBS
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 ...
Business Times
9h
Over 500 investors, including 300 Singaporeans, kick off claim against Switzerland over Credit Suisse bond losses of over US$250 million
MORE than 500 investors have started their claims process against Switzerland for its forced write-down of Credit Suisse’s ...
Financial Planning
23h
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.
6h
on MSN
Why UBS Group AG (UBS) Went Down on Tuesday
We recently compiled a list of the 10 Firms Fall Amid Disappointing Earnings Performance. In this article, we are going to ...
1d
UBS Absorbs Tougher Swiss Trading Rules While Global Peers Delay
UBS Group AG said it managed to offset the effect of tougher rules on its trading operations which Switzerland had introduced ...
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