The Zurich-based bank is in the midst of overhauling its U.S. wealth business with a greater priority on mass affluent clients and lower costs.

The company details plans to improve the profitability of its wealth management unit, with a focus on the U.S. market.

Swiss banking giant UBS said Tuesday that it remained on track to substantially wrap up its mega-merger with Credit Suisse by ...

UBS Group AG exceeds Q4 expectations, plans for cost cuts and improved RoCET1, faces challenges post Credit Suisse takeover.

--Down 6.91% at today's intraday low; largest intraday percent decrease since March 23, 2023, when it fell as much as 7.06% These undervalued stocks with wide and narrow moats have increased their ...

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.

CEO Sergio Ermotti highlighted the strong fourth-quarter and full-year 2024 performance, with a net profit of $5.1 billion and underlying return on CET1 capital of 8.7%. Ermotti emphasized the ...

UBS made the deepest job cuts in the immediate aftermath of the takeover, with headcount dropping by more than 3,000 in the third quarter of 2023. That pace has slowed since and the workforce declined ...

Investment banks are benefiting from volatile markets, but their future profitability hinges on the regulatory backdrop.

Shares of BNP Paribas surged after the French bank posted strong fourth-quarter results, with net income up 15.7% to €2.32bn ...

Atlassian (NASDAQ:TEAM – Get Free Report) had its target price lifted by stock analysts at UBS Group from $275.00 to $330.00 in a research note issued to investors on Friday,Benzinga reports. The firm ...

UBS Gr's UBS short percent of float has risen 5.26% since its last report. The company recently reported that it has 6.44 million shares sold short, which is 0.2% of all regular shares that are ...