UBS Buyback Plans Fail to Cheer Investors Awaiting Capital Rule
UBS Group AG shares slumped on Tuesday, signaling that uncertainty over an upcoming government decision on capital requirements is overshadowing the bank’s progress in integrating Credit Suisse.
UBS CEO takes aim again at Swiss capital rules, spooking shares
UBS shares sank on Tuesday after its CEO warned again about the negative impact of new Swiss capital rules and the bank said its buyback plans hinged on no major changes to them.
UBS Aims to Boost Buybacks as Net Profit Beats Expectations
The group plans to repurchase $1 billion of its stock in the first half and buy back up to an additional $2 billion in the second.
UBS Says Swiss Capital Rule Would Mean Higher Profit Retention
UBS Group AG says it would have to fund any new capital requirement from the Swiss government through higher profit retention, according to the bank’s Chief Financial Officer Todd Tuckner.
UBS beats profit forecast but shares fall as buyback plan fails to impress
Fourth-quarter profit at UBS Group well exceeded forecasts on Tuesday but the lender's shares fell as its buyback plans, contingent on no changes to Swiss capital rules, failed to impress investors. Francis Maguire reports.
UBS Shares Slump on Stock Buyback Uncertainty
The company details plans to improve the profitability of its wealth management unit, with a focus on the U.S. market.
Answer to UBS’s chronic US problem may be M&A
Sergio Ermotti has a U.S. problem. The UBS boss acknowledged as much on Tuesday by releasing some new targets for the ...
UBS is European banking’s loneliest mountaineer
Instead of looking over its shoulder at the rest of Europe, Swiss bank would prefer to narrow gap on US rivals ...
UBS shares retreat 6% as fourth-quarter profit beat, $3 billion buyback fail to impress
Swiss banking giant UBS on Tuesday posted $770 million in fourth-quarter net profit, compared with a mean forecast of $886.4 ...
UBS Absorbs Tougher Swiss Trading Rules While Global Peers Delay
UBS Group AG said it managed to offset the effect of tougher rules on its trading operations which Switzerland had introduced ...
UBS profit beats forecast as Credit Suisse merger nears end
Swiss banking giant UBS said Tuesday that it remained on track to substantially wrap up its mega-merger with Credit Suisse by ...
UBS Group: Regulatory Overhang Dampens Q4 Earnings Beat
UBS Group AG exceeds Q4 expectations, plans for cost cuts and improved RoCET1, faces challenges post Credit Suisse takeover.
UBS Earnings: UBS Shares Drop 6% Despite Strong Q4 Profits and Buyback
Shares of the banking giant UBS Group AG (UBS) dropped nearly 6% in pre-market trading, despite reporting strong Q4 profits.
UBS Recommends Corporate Bonds Amid Tariff Uncertainty
Uncertainty surrounding global trade has some on Wall Street recommending that investors prepare for market volatility by ...
Wildfires just latest challenge for Los Angeles, Wells Fargo says
Investing.com -- The devastating wildfires raging across Los Angeles are the latest in a series of economic and structural ...