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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 beats profit forecast
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 beats profit forecast but shares fall as buyback plan fails to impress
STORY: UBS Group's fourth-quarter profit beat forecasts on Tuesday (Feb 4).But investors weren't impressed with the lender's share buyback plan and shares dropped more than 5.5%.Analysts noted the Swiss bank's results were mixed,
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.
7h
on MSN
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 ...
7h
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 ...
15h
on MSN
UBS shares retreat 6% as fourth-quarter profit beat, $3 billion buyback fail to impress
Swiss banking giant UBS on Tuesday posted $770 million in fourth-quarter net profit, compared with a mean forecast of $886.4 ...
9h
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 ...
Financial Planning
1h
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.
9h
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.
5h
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.
9h
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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