UBS Group AG (UBS)
UBS veteran boss Ermotti may have pulled off the deal of the decade with the Credit Suisse rescue
After an intense weekend of negotiations in March 2023, UBS agreed to buy its embattled rival Credit Suisse. But not everyone was convinced it was a good idea.
Melrose drags down BAE and Rolls-Royce on double UBS downgrade
Melrose Industries PLC (LSE:MRO, OTC:MLSPF) fell over 6% on Friday and dragged down defence peers after facing a double downgrade from UBS analysts. The FTSE 100-listed defence firm's rating was slashed from a ‘buy' to a ‘sell' by UBS, while Melrose's share price target was wound down from 770p to 400p.
Water Cos need more leeway says UBS as it upgrades United Utilities
Water companies need to get more leeway in their price regimes for the next five years to persuade investors to back the sector for the infrastructure investments required, says UBS. OFWAT's draft determination (for the price review covering April 2025-March 2030) still has a gap to what UBS believe is required to attract necessary equity capital to fund investments.
UBS Group (UBS) to Divest Quantitative Investment Strategies Unit
UBS Group's (UBS) asset management unit is planning to transfer its QIS business to Manteio Partners LLC. After the completion, the QIS division is set to operate as an independent unit under Manteio.
UBS AG (UBS) to Close Real Estate Fund as Office Downturn Hit
UBS AG (UBS) is planning to wind down its flagship real estate fund due to turmoil brought on by investors withdrawing money from slumping commercial real estate markets.
UBS Posts Fantastic Q2 Results, But Regulatory Changes Loom Large
UBS Group NYSE: UBS is the 8th largest firm in the capital markets industry worldwide and the largest in Europe. The company has underperformed its sector this year, with a total return of 2%.
Credit Suisse real estate fund put into liquidation, UBS says
UBS Fund Management in Switzerland has decided to put the Credit Suisse Real Estate Fund International into an orderly liquidation as of Thursday, the bank said in a statement.
UBS Group News: Why UBS Stock Is Surging Today
Switzerland's investment banking stalwart UBS (NYSE: UBS ) is seeing shares pop sharply higher on Wednesday. Undergirding sentiment is strong results stemming from the company's second-quarter earnings report.
Commercial mortgage bonds are no longer a big bargain, says UBS
Bonds backed by commercial property loans, previously one of the hardest-hit parts of the credit market, have stopped being a major bargain, according to UBS Global Wealth Management.
UBS Group (UBS) Q2 Earnings Fall Y/Y on Higher Costs, Revenues Up
UBS Group's (UBS) second-quarter results reflect growth in asset management, personal & corporate banking and investment bank division. However, a rising expense base is a concern.
UBS Earnings Top Estimates as Credit Suisse Merger Helps Boost Revenue
UBS Group (UBS) shares rose Wednesday after the Swiss banking giant's second-quarter earnings beat estimates, thanks to growth in its wealth management divisions and savings created as it merges operations with Credit Suisse.
UBS (UBS) Surpasses Q2 Earnings and Revenue Estimates
UBS (UBS) came out with quarterly earnings of $0.34 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $1.88 per share a year ago.
