UBS trounces profit forecasts, US$3 billion share buyback conditional on capital rules
UBS Group on Tuesday (Feb 4) posted fourth-quarter profit that beat forecasts by a wide margin and said it would buy back up to US$3 billion in shares this year if there were no major changes to bank capital rules in Switzerland in the near term.
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UBS Reports Strong Q4, Upto $3B Buyback: But Potential Drag Due To Swiss Banking Reforms Dampens Wall Street MoodNYSE-listed shares of Swiss giant UBS Group AG declined nearly 5% pre-market Tuesday after the lender reported strong ...
UBS Group AG Chief Executive Officer Sergio Ermotti warned that markets may not fully reflect the inflationary risk posed by ...
UBS Group AG exceeds Q4 expectations, plans for cost cuts and improved RoCET1, faces challenges post Credit Suisse takeover.
Uncertainty surrounding global trade has some on Wall Street recommending that investors prepare for market volatility by ...
UBS Group AG shares down after reporting $11.6B sales, 7% Y/Y growth & EPS of $0.23, beating consensus. Global Wealth Management's net new assets rose 10% Y/Y.
Instead of looking over its shoulder at the rest of Europe, Swiss bank would prefer to narrow gap on US rivals ...
UBS Group AG said it aims to buy back up to $3 billion of its own shares this year, signaling confidence as it awaits a crucial regulatory ruling on its capital levels.
Sergio Ermotti has a U.S. problem. The UBS boss acknowledged as much on Tuesday by releasing some new targets for the ...
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