UBS Net Profit Beats Expectations
UBS reported a third-quarter net profit that beat analysts' expectations, lifted by its investment bank and wealth-management arm and lower expenses from the integration of former rival Credit Suisse.
UBS posts bigger-than-expected net profit in third quarter
UBS Group on Wednesday reported a forecast-beating quarterly net profit of $1.4 billion helped by cost reductions and revenue growth as the bank carried out its first wave of client migrations from...
Swiss bank UBS smashes third-quarter expectations with $1.4 billion in profit
Swiss banking titan UBS on Wednesday posted a large profit beat, after completing its first wave of client migrations following its integration of collapsed domestic rival Credit Suisse.
UBS reports $1.4 bln net profit attributable to shareholders in Q3
UBS Group on Wednesday reported a net profit of $1.4 billion attributable to shareholders in the third quarter, which compared with the $740 million forecast by analysts in a company-provided poll.
eHealth, Inc. to Participate in the UBS Global Healthcare Conference
AUSTIN, Texas , Oct. 29, 2024 /PRNewswire/ -- eHealth, Inc. (Nasdaq: EHTH), a leading private online health insurance marketplace, today announced that Fran Soistman, Chief Executive Officer, will ...
UBS: Post-Merger With Credit Suisse Smoothe As Swiss Chocolate, As Share Price Climbs
UBS gets its prior hold rating reaffirmed, as things are relatively smooth post-merger with Credit Suisse. The share price trades around a 10-year-high, above its 200-day SMA, and overvalued on P/E...
There's still a weak tail of banks prone to the runs that brought down SVB and Credit Suisse, regulators warn
The Financial Stability Board, an international body of global regulators, delved into the issues that brought about the collapse of Credit Suisse, the failure of SVB, Signature and First Republic,...
UBS sells its 50% stake in Swisscard to American Express
UBS is offloading part of the Credit Suisse business it acquired last year with a deal to sell the fallen bank's 50% stake in credit card provider Swisscard.
UBS says new nuclear power 'tipping point' tips further after Google and Amazon deals
A "tipping point" on new nuclear power construction is near, according to UBS. Analysts at the Swiss bank had grown more optimistic about the nuclear sub-sector following multiple nuclear contracts...
Swiss Authority Says UBS Must Revise Recovery and Emergency Plans
Swiss financial market supervisory authority FINMA will require UBS to revise its recovery and emergency plans due to the bank's June 2023 takeover of Credit Suisse. The regulator has suspended the...
Financial Advisor James Kosan joins UBS in the Inland Empire
RIVERSIDE, Calif.--(BUSINESS WIRE)-- #BestAdvisorsSoCal--Jim Kosan, financial advisor for ultra high net worth clients, switches from Morgan Stanley to UBS, joins Riverside office. Pat Lizza welcom...
Solo Stove Fires Up Islanders Announcing a Milestone Partnership with the New York Islanders and UBS Arena
Solo Stove Named First + Exclusive Jersey Patch Partner for Islanders Organization Plaza Outside UBS Arena to be Named Solo Stove Plaza as Part of Entitlement Partnership Video and Photo Assets Ava...
UBS 'bang on target' with Credit Suisse integration, IT chief says
UBS's integration of former rival Credit Suisse's clients and data with its own platforms is "bang on target" after a successful test run, its tech chief told Reuters.
Ceres Power gets UBS backing as ‘de-risked' green hydrogen firm
Ceres Power Holdings PLC (LSE:CWR, OTC:CPWHF) has been highlighted as a “de-risked” player in the green hydrogen market after announcing a cost-cutting plan in half-year results last month. UBS ana...
UBS Mulls JV With India's 360 One WAM to Expand Wealth Management
UBS Group seeks to form a JV with India's 360 One WAM to expand its services to high-net-worth individuals and capitalize on the rapidly growing market.
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