UBS Group AG (UBS)
Swiss Authority Says UBS Must Revise Recovery and Emergency Plans
Swiss financial market supervisory authority FINMA will require UBS to revise its recovery and emergency plans due to the bank's June 2023 takeover of Credit Suisse. The regulator has suspended the annual approval of UBS' recovery and emergency plans and expects the bank to further develop those plans, FINMA said in a Tuesday (Oct.
UBS 'bang on target' with Credit Suisse integration, IT chief says
UBS's integration of former rival Credit Suisse's clients and data with its own platforms is "bang on target" after a successful test run, its tech chief told Reuters.
Higher for longer will be tougher on banks, says UBS' Erika Najarian
Erika Najarian, UBS large cap banks analyst, joins 'Squawk on the Street' to discuss what bank investors want from interest rates, if the bank outlooks stand, and much more.
Middle East escalation may cause ‘knee-jerk reactions' but gold and silver rallies will be driven by macro and rates – UBS' Teves
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.
Ceres Power gets UBS backing as ‘de-risked' green hydrogen firm
Ceres Power Holdings PLC (LSE:CWR, OTC:CPWHF) has been highlighted as a “de-risked” player in the green hydrogen market after announcing a cost-cutting plan in half-year results last month. UBS analysts said in a note this showed Ceres was over its peak investment in the likes of research and meant further fundraising to develop its hydrogen fuel cells was not needed.
UBS Mulls JV With India's 360 One WAM to Expand Wealth Management
UBS Group seeks to form a JV with India's 360 One WAM to expand its services to high-net-worth individuals and capitalize on the rapidly growing market.
UBS chair warns against big increase in capital requirements, newspaper reports
UBS Chair Colm Kelleher warned on Sunday that the Swiss government's plans to strengthen capital requirements for big banks could damage the country's position as a financial centre.
‘No recovery in sight' for LVMH, warn analysts
Investment analysts at UBS have warned that weakening sales growth at LVMH is posing a risk to margins and causing a delay to a potential recovery phase for the global luxury bellwether. UBS analyst Zuzanna Pusz expects to see decelerating organic sales growth (OSG) in the third quarter, despite an easier comparable basis.
Gold rally ‘still has room to run' as yet another record broken - UBS
UBS analysts believe gold prices are on course to rise even further after the yellow metal broke yet another record on Tuesday. Further easing of US base rates by the Federal Reserve, worsening geopolitical tensions and ongoing demand from central banks should keep driving gold higher, UBS said in a note on Tuesday.
Gold price could hit $2,700 by mid-2025, silver will outperform gold – UBS
Jordan Finneseth is a Crypto Market Reporter for Kitco Crypto. Coming from a background in Psychology and Human Behavior, he began to focus his attention on the cryptocurrency space in early 2017 after noticing the rapid growth of this emerging market.
Swiss regulator investigating Credit Suisse's final months, report says
Swiss financial market regulator FINMA ordered an audit into Credit Suisse's handling of events leading to its demise in 2023, when the bank was acquired by its longtime rival UBS , Swiss newspaper SonntagsZeitung reported on Sunday.
UBS' John Lovallo on homebuilder stocks
John Lovallo, UBS homebuilders analyst, joins 'The Exchange' to discuss why he is bullish on builders, how lower interest rates will affect the stocks and housing market, and more.
