UBS Group AG (UBS)
AST SpaceMobile's Verizon deal ‘another vote of confidence,' UBS says
Space-based broadband company AST SpaceMobile Inc.'s deal with Verizon Inc. is further evidence of its strength in the emerging satellite cellular broadband market, according to UBS.
Fintech targeted by climate skeptics banks $37 million from likes of UBS, Commerzbank
Swedish climate fintech startup Doconomy told CNBC it's raised 34 million euros ($36.9 million) in a Series B round co-led by the venture arms of UBS and CommerzBank. Founded in Sweden in 2018, Doconomy works with more than 100 financial institutions around the world to help their clients measure the CO2 footprint of their transactions.
Anglo American rating downgraded by UBS after BHP talks collapse
Anglo American was downgraded to neutral from buy at UBS, when BHP on Wednesday did not launch a formal takeover bid for the rival multinational mining group, after suggesting it could buy the company for £38.6 billion ($49 billion) in stock.
UBS Splits Wealth Management Leadership in Executive Shake-Up
UBS said it would reshuffle its executive board, splitting leadership of its key wealth-management division in two and bidding farewell to the last chief of Credit Suisse, the troubled banking rival it took over last year.
UBS overhauls wealth management leadership in wider board shake-up
UBS on Thursday announced a shake-up of its executive board in the latest phase of a radical overhaul of the Swiss banking giant, following its takeover of fallen rival Credit Suisse. A newly split global wealth management division sees the bank double down across the two geographies as part of its "sustainable, strategic growth" strategy.
UBS splits wealth management role amid executive reshuffle
UBS on Thursday said Rob Karofsky would become head of the Americas and co-president of global wealth management with Iqbal Khan, who will take charge of the Asia-Pacific region as part of shake-up of the Swiss bank's executive board.
National Grid slide after rights issue too harsh, suggests UBS
National Grid has been punished too harshly for its £7 billion deep discount rights issue, according to analysts at Swiss bank UBS. The share issue hasn't permanently changed the business, says the bank, rather reset the balance sheet back to 2010, when it was “sufficient to fund the business for fourteen years”.
The gold price rally is not over; UBS is calling for $2,700 by next year
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
UBS leapfrogs UBS with new S&P 500 price target
UBS has moved its S&P 500 index target ahead of a division of its own bank that only last week raised its forecast.
5 Reasons to Add UBS Group (UBS) to Your Portfolio Right Now
UBS Group (UBS) is well-poised to gain from the strategic acquisition of Credit Suisse and digitalization initiatives. The company's business restructuring efforts are set to support its financials.
UBS rules out external successor to Ermotti as CEO, FT reports
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 agrees with most tougher rules pitched by Swiss government, CEO says
UBS agrees with the vast majority of measures Switzerland's government proposed last month to police its banks, the lender's CEO Sergio Ermotti said on Thursday.
