NYSE:UBS
UBS AG Stock News
$30.34
+0.320 (+1.07%)
At Close: May 17, 2024
UBS crushes forecasts as Credit Suisse operations stabilise
04:04am, Tuesday, 07'th May 2024
UBS crushed estimates for first-quarter earnings with the Swiss bank posting a first profit in the period since its shotgun marriage to beleaguered rival Credit Suisse. Net income of US$1.8 billion w
UBS earnings: Numbers 'heavily influenced' by integration of Credit Suisse, analyst says
04:00am, Tuesday, 07'th May 2024
Johann Scholtz of Morningstar discusses UBS' first-quarter results, and says its integration of Credit Suisse makes it "tricky" to compare numbers across periods.
UBS Group records robust Q1 FY24 revenue of $2.7 billion
01:09am, Tuesday, 07'th May 2024
UBS Group AG, the Swiss multinational investment bank and financial services firm, released its quarterly earnings report for Q1 of FY24 on 7 May 2024. The company reported a net profit of $1.8 billio
UBS reports first profit since taking over Credit Suisse
12:53am, Tuesday, 07'th May 2024
UBS reported net income of $1.8 billion for January-March, its first quarterly profit since it took over fallen rival Credit Suisse.
Final Credit Suisse CEO, Ulrich Korner, to leave UBS, FT reports
12:51am, Monday, 06'th May 2024
Ulrich Korner, the final CEO of Credit Suisse, is set to leave UBS in the coming weeks, the Financial Times reported on Monday.
Credit Suisse China securities JV says staff down 46% in 2023
04:05am, Saturday, 04'th May 2024
Credit Suisse's securities brokerage joint venture in China said its staff numbers sank 46% in 2023, a year the Swiss authorities arranged a takeover to keep the firm from collapsing.
UBS Group (UBS) Plans to Reduce Cost in Asset Management Unit
01:46pm, Friday, 03'rd May 2024
UBS Group (UBS) intends to reduce hundreds of millions of dollars in its asset management business in order to remain profitable, per Reuters.
Bears are Losing Control Over UBS (UBS), Here's Why It's a 'Buy' Now
10:56am, Friday, 03'rd May 2024
UBS (UBS) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street
Credit Suisse may face $36 mln fine over S.Korea short-selling, says Chosun Ilbo
12:42am, Thursday, 02'nd May 2024
South Korea's financial authorities have notified Credit Suisse AG it could face 50 billion won ($36.32 million) in fines over allegations it breached short-selling rules, South Korea's Chosun Ilbo da
5 Reasons Chinese Equities Have Bottomed
06:36pm, Wednesday, 24'th Apr 2024
A shift in government policy and four other bullish signals indicate that the bottom is likely in for Chinese stocks.
UBS faces new lawsuit by Appaloosa over Credit Suisse $17 bln bond wipeout
11:19am, Wednesday, 24'th Apr 2024
A new lawsuit by U.S. hedge fund Appaloosa LP accuses the former Credit Suisse of misleading investors about its health before $17 billion of its bonds were written down to zero in a government-orches
Steel supplies still facing flat prices suggests UBS
11:01am, Tuesday, 23'rd Apr 2024
UBS has thrown a bone to metallurgical coal producers, suggesting prices should hold up over the next twelve months as Indian steel production ramps up, China demand recovers and restocking kicks in.
UBS gets backing for capital plan, Ermotti pay from Norway wealth fund
04:47am, Tuesday, 23'rd Apr 2024
Norway's sovereign wealth fund has backed UBS' plan to make its Additional Tier 1 (AT1) bonds, a form of debt, more appealing to investors by protecting them from a wipeout, and also signed off on UBS
Nvidia, Microsoft, Meta, Apple, Alphabet, and Amazon downgraded by UBS
05:34pm, Monday, 22'nd Apr 2024
UBS Chief Investment US Equity Strategist Jonathan Golub downgraded the "Big Six" tech stocks - Amazon (AMZN), Apple (AAPL), Alphabet (GOOG, GOOGL), Nvidia (NVDA), Meta (META), Microsoft (MSFT) — fr
UBS Group (UBS) to Cut Jobs for $10 Billion Cost Reduction
12:31pm, Monday, 22'nd Apr 2024
UBS Group (UBS) plans to cut jobs in five separate waves, starting June 2024, to save costs. The other waves are set to take place in the months of August, September, October and November.