UBS Group AG has prioritised integrating Credit Suisse's investment bank and accelerating cost-cutting, the Financial Times reported on Friday, citing people involved in the planning.
UBS' John Hodulik discusses Disney's Q2 earnings report.
UBS could have to lure investors with significantly higher yields when it next sells Additional Tier 1 bonds, paying what analysts say could be a punitive price for a Swiss decision to wipe out Credit
UBS Group said on Tuesday that Credit Suisse CEO Ulrich Körner will stay on after the takeover of its Swiss rival as part of a new leadership team of the combined group.
The Swiss banking giant said it is evaluating all options for Credit Suisse's Swiss business, which some politicians in the country want to be spun off into a separate unit or divested.

UBS Names New Leadership Team

02:19am, Tuesday, 09'th May 2023
UBS Group AG will replace its chief financial officer as part of a broader overhaul of its top management team. Patrick Winters reports on Bloomberg Television.
UBS Group on Tuesday outlined its new operating model and leadership team as it said that it anticipates its acquisition of Credit Suisse Group will close in the next few weeks.
UBS on Tuesday announced that Credit Suisse CEO Ulrich Koerner will join the executive board of the new joint entity once its emergency purchase of the stricken bank completes.
UBS Group said on Tuesday Credit Suisse CEO Ulrich Koerner will join the executive board of the combined bank once it closes its takeover of its Swiss rival while Todd Tuckner will replace Sarah Young
Enterprise Products Partners has started growing its distribution at a faster pace in recent years. The MLP could keep that up in the future.
Paul Donovan, chief economist at UBS Global Wealth Management, discusses new German industrial data, the path ahead for European monetary policy, and the U.S. economy.
UBS Group AG's Chief Executive Sergio Ermotti has shortlisted the Credit Suisse Group AG's executives who are most likely to become a part of the management team, the Financial times reported on Satur

New Strong Sell Stocks for May 5th

08:23am, Friday, 05'th May 2023
LPX, HHS and UBS have been added to the Zacks Rank #5 (Strong Sell) List on May 5, 2023.
UBS economists said the European Central Bank (ECB) was likely to hike interest rate by another 25 basis points (bps) in July, lifting the benchmark for borrowing costs to 3.75%, before taking a pause
UBS is reviewing options for Credit Suisse's Swiss bank, including potentially keeping the unit's investment banking operations while selling the rest, two people familiar with the matter told Reuters
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