Eurozone stocks are at their highest in 16 years. UBS now prefers Europe over U.S. equities.
The iShares MSCI Eurozone ETF EZU registered its highest close since June 2008, and other European benchmarks including the Stoxx Europe 600 XX:SXXP, the German DAX DX:DAX and U.K. FTSE 100 UK:UKX ...
What Makes UBS (UBS) a New Buy Stock
UBS (UBS) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
UBS: Benefits Of Credit Suisse Deal Starting To Show
UBS Group AG reports strong first quarter earnings, with consolidated revenue up 4% and expenses down 12%. The integration of Credit Suisse is progressing well, leading to revenue and expense benef...
UBS Group (UBS) Q1 Earnings & Revenues Jump Y/Y, Expenses Rise
UBS Group's (UBS) first-quarter results reflect growth in Asset Management, Personal & Corporate Banking and Investment Bank divisions. A strong capital position is another positive.
UBS CEO: We are making very good progress in our Credit Suisse integration plans
Sergio Ermotti, the CEO of UBS, speaks to CNBC's Silvia Amaro after the bank's first-quarter results.
UBS shares surge as bank returns to profit following takeover of Credit Suisse
UBS on Tuesday posted a return to profit from two consecutive quarters of losses, as the Swiss bank massively outstripped analysts' forecasts while benefiting from its ongoing takeover of rival Cre...
UBS crushes forecasts as Credit Suisse operations stabilise
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...
UBS earnings: Numbers 'heavily influenced' by integration of Credit Suisse, analyst says
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
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 bil...
UBS reports first profit since taking over Credit Suisse
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
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
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
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
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 Str...
Credit Suisse may face $36 mln fine over S.Korea short-selling, says Chosun Ilbo
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...
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