UBS

Global family offices eye greater investment into Asia-Pacific, artificial intelligence: UBS
Global family offices eye greater investment into Asia-Pacific, artificial intelligence: UBS
OVER a third of single-family offices across the world are planning to increase their investments into Asia-Pacific (Apac) – excluding the Greater China region – in the next five...
UBS CEO says Switzerland should not ‘overshoot’ with capital demands
UBS CEO says Switzerland should not ‘overshoot’ with capital demands
UBS CEO Sergio Ermotti said on Monday (May 13) that criticism that the bank had become too big for Switzerland and that it needed to set aside more capital...
UBS announces equity conversion provision for almost US billion in AT1 debt
UBS announces equity conversion provision for almost US$5 billion in AT1 debt
UBS on Monday (May 13) said almost US$5 billion worth of Additional Tier one (AT1) bonds, a form of debt, have been made available for equity conversion following a...
UBS weighs bonus for investment bankers who refer rich clients
UBS weighs bonus for investment bankers who refer rich clients
UBS Group is considering introducing a reward system for investment bankers who refer clients to the firm’s wealth management business, according to sources with knowledge of the matter.Some bankers...
UBS reports first profit since taking over Credit Suisse
UBS reports first profit since taking over Credit Suisse
UBS reported a net income of US$1.8 billion for January to March, its first quarterly profit since it took over fallen rival Credit Suisse.The net income attributable to shareholders...
UBS reports first profit since taking over Credit Suisse
UBS shares soar as profit smashes forecasts, share buyback plans affirmed
UBS on Tuesday (May 7) reported first-quarter profit that trounced forecasts and said it was sticking with plans for share buybacks over three years despite Swiss government proposals that...
UBS weighs synthetic risk transfer amid capital boost proposals
UBS weighs synthetic risk transfer amid capital boost proposals
UBS Group is considering bringing a synthetic credit risk transfer to the market, according to people with knowledge of the matter, amid Swiss reform proposals that could see the...
UBS flags ‘serious’ concern about new Swiss capital requirements
UBS flags ‘serious’ concern about new Swiss capital requirements
UBS executives on Wednesday (Apr 24) told shareholders that the bank has major concerns about the Swiss government’s recently announced plan to hit the country’s largest lender with tougher...
UBS lifts Chinese stocks to overweight in rare upgrade call
UBS lifts Chinese stocks to overweight in rare upgrade call
UBS Group raised its recommendation on a key Chinese stock index to overweight in a rare upgrade call this year, underscoring the tentative optimism that the market is finally...
Five waves of UBS layoffs to start in June: report
Five waves of UBS layoffs to start in June: report
LAYOFFS under Swiss banking giant UBS’s cost-cutting programme announced after its takeover of Credit Suisse will take place in five waves this year starting in June, newspaper SonntagsZeitung reported...