Tag: $UBS

UBS reported a pretax profit of almost $3.6 billion in the third quarter, up 27% year over year, largely in line with consensus forecasts. The Swiss banking and asset management giant saw strong net inflows into its global wealth management business.

Swiss lawmakers are considering a new pitch to soften capital requirements on UBS that, if implemented, could shave ‌billions of dollars off the burden the bank is facing under a draft law submitted by the government, sources told Reuters.

Με 4,4 δισ. δολάρια εκταμιευμένα δάνεια προς την ποντοπόρο ελληνική ναυτιλία η Eurobank κυριαρχεί σε παγκόσμιο επίπεδο στις χρηματοδοτήσεις του κλάδου, σύμφωνα με την μελέτη της Petrofin για το 2025.

UBS generated a net profit attributable to shareholders of $3 billion for the first quarter, up 80% year-on-year and surpassing the $2.8 billion estimated by analysts, according to an LSEG-compiled consensus poll.

Sergio ​Ermotti could stay as CEO well into the second half of 2027 to steer UBS through a regulatory overhaul ‌and give the board more time to replace him, as an obvious internal successor has yet to emerge, people familiar with the matter said.

UBS announced plans for a $3 billion buyback Wednesday and posted fourth-quarter profits that beat analysts’ forecasts.

Swiss lawmakers have floated a compromise on new capital rules for UBS (UBSG), to try to ensure it remains internationally competitive, sending the bank’s shares to their highest since 2008.

UBS (UBSG.S), CEO Sergio Ermotti said on Friday he did not plan to reduce the bank’s size amid pressure from Swiss regulators to boost its resilience following its emergency takeover of Credit Suisse.

UBS’s (UBSG.S), second-quarter profit more than doubled from a year earlier, comfortably ahead of expectations, as it joined other major banks in making the most of a surge in trading activity amid market turmoil.

Ισχυρές τάσεις πιστωτικής επέκτασης, σταθερή δυναμική καταθέσεων και εξαιρετικά ευνοϊκή απόδοση/κόστος χρήματος προδιαγράφουν ένα θετικό σκηνικό για τις ελληνικές τράπεζες, σύμφωνα με την UBS και τον Stephan Potgieter, ενόψει των αποτελεσμάτων β’ τριμήνου 2025.

UBS Group AG became the latest bank to raise its price outlook for gold on increasing chances of a protracted global trade war — a scenario that analysts expect will continue to drive investors to scoop up more of the ultimate haven asset.

UBS shares lost ground after the lender’s fourth-quarter results and up to $3 billion share buyback plans failed to impress.

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.

Swiss bank UBS on Wednesday posted a quarterly profit that was double the market forecast, buoyed by investment banking and larger-than-expected savings from the integration of its one-time rival Credit Suisse.

Switzerland’s consumer pricing watchdog has put UBS under observation following its takeover of Credit Suisse, the regulator said on Thursday, amid concerns that the market power of the enlarged lender could lead to higher loan charges.

UBS is pushing the Swiss government to clarify how much more the bank will need to hold in capital buffers after buying Credit Suisse, amid concerns the talks will drag on for months, unnerving investors, sources familiar with the matter said.

UBS on Monday offered to return the vast majority of investments put into a group of Credit Suisse funds that were hit by the collapse of the scandal-ridden financier Greensill Capital in 2021, as the Swiss banking giant seeks to resolve legacy issues deriving from its acquisition of its main domestic rival last year.

UBS said on Thursday it would split its top wealth management role as part of a shake-up, opens new tab of its executive board, creating new responsibilities for two leading contenders to eventually run the Swiss bank after CEO Sergio Ermotti.

UBS has ruled out appointing an outsider as the successor to CEO Sergio Ermotti, and plans to choose from a shortlist of three internal candidates when he steps down in about three years, the Financial Times reported on Monday.

UBS on Tuesday reported a swing back to profit after two quarterly losses as it smashed first-quarter expectations, with results bolstered by higher wealth management revenues