Business
Goldman, JPMorgan and UBS lead Golden Goose’s buyout debt
Temasek Holdings will take a minority stake in the Italian high-end sneaker producer Goldman Sachs, Group JPMorgan Chase and UBS Group are…
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UBS
Business
UBS may cut further 10,000 jobs by 2027: report
The bank has been cutting jobs as a result of the integration of former rival Credit Suisse UBS may cut an additional 10,000 jobs by 2027,…
Business
Swiss National Bank likely intervening to weaken franc: UBS
The Swiss National Bank (SNB) is probably stepping into the market to weaken the franc, according to economists at UBS Group. “Current…
Business
UBS reshuffles leadership as Credit Suisse integration nears end
The lender is in the middle of a battle with the Swiss government over how much capital it needs to set aside to prevent another similar…
News
UBS launches pilot for new AI tool aimed at boosting productivity of advisers
Minister Josephine Teo says this development aligns with Singapore’s push to be a leading financial hub in the region UBS, on Monday (Oct…
Business
UBS pays US$300 million to settle Credit Suisse mortgage case
Group said it reached an agreement with the US Department of Justice to resolve a legacy Credit Suisse matter related to the former bank’s…
News
UBS loses EU fight over Credit Suisse’s role in ‘Sterling Lads’, but fine cut sharply
The tribunal cut the amount of the fine from 83.2 million euros to 28.9 million euros Group lost the crux of its case against European…
Business
AI, power, and longevity to drive next decade of transformational innovation: UBS
Investors should consider allocating part of their portfolios to transformational innovation as a way to diversify risks in an…
Business
UBS kicks off share buyback programme of up to US$2 billion
Group is launching a programme to repurchase as much as US$2 billion worth of its own shares, it said in a release on Monday (Jun 30). The…
Business
UBS faces tough new Swiss banking sector rules
The Swiss government on Friday (Jun 6) proposed stricter rules for UBS following its takeover of Credit Suisse, which could make it hold…
Business
UBS to sell hedge fund unit O’Connor to Cantor Fitzgerald
The deal includes “O’Connor’s six investment strategies” with about US$11 billion in assets under management Group’s asset management…
Business
UBS raises S&P 500 year-end target, eyes more gains in 2026
Global Wealth Management on Thursday raised its year-end target for the S&P 500 to 6,000 from 5,800 and initiated a June 2026 target of…
Business
Apac family offices favour developed market equities, bonds: UBS report
Family offices (FOs) in the Asia-Pacific favoured equities and bonds from developed markets in 2024 and plan to increase their strategic…
Business
UBS to open Abu Dhabi office as more clients move to Mideast
Abu Dhabi has emerged as a magnet for the world’s wealthiest people over the past few years Group is opening a new office in Abu Dhabi as…
Business
UBS Q1 profit tops expectations on tariff-driven volatility in markets
S bank UBS on Wednesday posted better than expected first-quarter net profit, helped by stronger earnings in trading driven by market…
Business
UBS Q1 profit tops forecasts but Trump tariff shock clouds outlook
UBS on Wednesday (Apr 30) posted better-than-expected first-quarter net profit, but the Swiss bank warned of an uncertain outlook as US…
Business
UBS to sell India wealth business to 360 ONE, take 5% stake in India partner
This deal will see the firm relinquish equity control in its India onshore wealth business while taking up the offshore wealth business of…
Business
UBS resets India strategy with 360 ONE deal
UBS said on Tuesday (Apr 22) that it would sell its Indian wealth business to 360 ONE WAM and take a stake of nearly 5 per cent, worth…
Business
UBS sticks to US$3 billion share buyback plan despite capital changes, global uncertainty
[LUCERNE, Switzerland] UBS chairman Colm Kelleher on Thursday (Apr 10) reiterated the Swiss bank’s intention to repurchase shares to the…
Business
Swiss watchdog backs UBS plan to limit investment bank amid capital rule debate
The head of Switzerland’s financial watchdog signalled he is in favour of UBS Group’s offer to limit the size of its investment bank,…
Business
UBS Wealth, Templeton see Chinese stocks braving tariff blow
Some of the world’s biggest money managers say Chinese stocks have the means to weather the tariff blitz unleashed by US President Donald…
Business
UBS expands wealth service to target Australia’s mining capital
UBS Group promoted Tim Clemenger to be its first client adviser for wealth management based in Perth, the Swiss bank’s latest move to…
Business
UBS has no intention of leaving Switzerland, says compliance chief
UBS has no plans to leave Switzerland, the bank’s compliance and governance chief Markus Ronner said on Friday (Mar 28) amid a debate on…
Business
JPMorgan, UBS, Nomura face South Korea short-selling fines: report
SOUTH Korea’s financial regulator is imposing fines on JPMorgan Chase, Morgan Stanley, UBS Group and Nomura Holdings for allegedly…