UBS Group's (UBS) JV to Buy CS' Japanese Wealth Management Unit
UBS Group's (UBS) JV is set to acquire Credit Suisse's wealth management unit in Japan. Per the deal, Credit Suisse's advisors and wealth management assets are set to be transferred to the JV.
UBS JV to acquire Credit Suisse Japan wealth management business
UBS said on Monday its Japanese wealth management joint venture with SuMi TRUST Wealth Management Co, will acquire Credit Suisse's wealth management business in Japan following the Swiss bank's abs...
UBS CEO says Credit Suisse integration will be a 'case study' for the global banking industry
Speaking at the Ambrosetti Spring Forum, UBS CEO Sergio Ermotti discusses the Swiss bank's integration process with Credit Suisse and how European banks can improve their competitiveness with U.S. ...
UBS Group (UBS) Announces a New Share Repurchase Program
UBS Group (UBS) announces a new share repurchase program. The plan authorizes buyback of up to $2 billion worth of shares.
UBS appoints three executives to lead Americas equity capital markets
UBS appointed three banking veterans to lead its equity capital markets (ECM) unit in the U.S., as the world's biggest wealth manager looks to ramp up other divisions after its takeover of Credit S...
UBS Launches New $2 Billion Stock Buyback Program
UBS Group AG (UBS) said Tuesday it is launching a new $2 billion stock buyback program over the next two years.
UBS restarts share buybacks with program of up to $2 billion
UBS Group said it plans to repurchase up to $2 billion of its own stock, restarting share buybacks that were put on hold last year due to its acquisition of Credit Suisse.
UBS unveils US$2 billion buyback as Credit Suisse dust settles
UBS has announced it is to buy back US$2 billion worth of shares over the next two years, as the Swiss bank rebuilds following last year's shotgun marriage to rival Credit Suisse. Purchases under t...
Don't Worry About S&P 500 at Record Highs, Says UBS. What History Says Is Next.
Since 1960, the benchmark stock index has gained 11.7% on average in the year following a record high.
UBS chief's surprise return to the Swiss banking giant bagged him a $15.9 million paycheck
UBS CEO Sergio Ermotti earned 14.4 million Swiss francs ($15.9 million) in 2023 after his surprise return to the helm of the Swiss banking giant.
UBS still reviewing risk of misstatement in Credit Suisse's books
UBS said it is still reviewing potential misstatements in Credit Suisse's financial reports and talks with regulators to address the issue are ongoing.
UBS looks to keep, grow shipping loans in post-merger green overhaul
UBS will look to increase lending to the shipping sector and run off some loans to fossil fuel clients inherited from Credit Suisse, executives told Reuters, in the biggest test yet of the impact o...
UBS reports 14.4 million Swiss francs for CEO Ermotti in 2023
UBS on Thursday said its CEO Sergio Ermotti picked up 14.4 million Swiss francs in 2023 after taking over the Swiss bank's helm for a second bout following its takeover of former rival Credit Suiss...
UBS's Ermotti open to staying on to oversee Credit Suisse integration
UBS Chief Executive Officer Sergio Ermotti is open to extending his time at the helm of the Swiss lender to help oversee the integration of Credit Suisse, according to a letter to published in the ...
UBS sells $8 bln of Credit Suisse assets to Apollo
UBS has sealed the sale of Credit Suisse's securitised products business to Apollo Global Management as part of efforts to shed non-core assets after its takeover of the collapsed banking group.
Related Companies