UBS to sell Credit Suisse's U.S. mortgage servicing business
UBS on Tuesday agreed to sell Credit Suisse's U.S. mortgage servicing business, UBS Chief Financial Officer Todd Tuckner said on Wednesday.
UBS shares open higher as Swiss giant smashes expectations
UBS Group AG (NYSE:UBS) shares opened 1.4% higher on Wednesday following the bank's stronger-than-expected second-quarter results, reporting a net profit of $1.1 billion - double analysts' forecast...
UBS posts top and bottom line Q2 beat
Swiss banking giant UBS posts a second-quarter beat on both the top and bottom line with a net profit of $1.1bn. The lender's global wealth management arm also notched $27bn of net new assets.
UBS CEO Ermotti on Earnings, Markets Volatility, Fed Rates, US Election
UBS CEO Sergio Ermotti discusses second-quarter earnings, market volatility and the outlook for Federal Reserve interest rates. He spoke with Francine Lacqua in Zurich after the Swiss lender posted...
Earnings Preview: What To Expect From UBS
UBS Group is scheduled to report earnings before Wednesday's open. The stock hit a record high of $66.26/share in 2007 and is currently trading near $29.
Rolls-Royce on course to hit profit target two years early - UBS
Rolls-Royce Holdings PLC (LSE:RR.) is on course to meet profit guidance two years earlier than guidance suggests, UBS analysts anticipate.
UBS Group (UBS) Files Lawsuit Against Bank of America (BAC)
UBS Group (UBS) files a case against Bank of America (BAC) for $200 million. It alleges that BAC refused to comply with indemnification obligations on risky mortgage loans issued before the 2008 cr...
UBS Just Raised Its Price Target on Meta Platforms (META) Stock
UBS analysts raised their price targets on Meta Platforms (NASDAQ: META ) stock to $635 per share, reaffirming their “buy” rating on the back of stellar second-quarter earnings. Meta earned $13.46 ...
Lloyds downgraded by UBS but UK lenders 'still more attractive' than Europe
Lloyds Banking Group PLC (LSE:LLOY) shares have been downgraded by UBS after second-quarter results that were "a touch soft" and do not reflect shares that are trading at a premium to other lenders...
Exclusive: Swiss watchdog scrutinises UBS vetting of wealthy Credit Suisse clients, sources say
Switzerland's financial supervisor has been scrutinising how UBS vets risky wealthy clients that it wants to transfer from Credit Suisse, sources said, as the regulator takes a hands-on approach to...
Swiss authorities draw flak in Credit Suisse probe, report says
Preliminary findings in an eagerly awaited parliamentary report into the 2023 collapse of Credit Suisse have identified serious failings by Swiss regulatory authorities leading up the bank's demise...
Why Nvidia's stock can scale the ‘wall of worry,' according to UBS
Nvidia Corp.'s stock is still well-loved on Wall Street, but UBS analyst Timothy Arcuri notes that sentiment “has faded somewhat in recent weeks.”
Monte Rosa Therapeutics to Present at the UBS Targeted Protein Degradation Day
BOSTON, July 08, 2024 (GLOBE NEWSWIRE) -- Monte Rosa Therapeutics, Inc. (Nasdaq: GLUE), a clinical-stage biotechnology company developing novel molecular glue degrader (MGD)-based medicines, today ...
Direct Line to emphasise dividend payouts at markets day, suggests UBS
Direct Line Insurance Group PLC's (LSE:DLG) capital markets day on Wednesday, July 10, will see a focus on three areas according to UBS, with dividends likely to be central to the discussion. “We a...
BNP, UBS said to show Interest in HSBC's German Wealth Unit, Bloomberg News reports
HSBC is attracting initial interest from peers including BNP Paribas SA and UBS Group AG , for the sale of its German wealth-management unit, Bloomberg News reported on Thursday citing people famil...
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