UBS Group AG (UBS)
UBS (UBS) Tops Q3 Earnings and Revenue Estimates
UBS (UBS) came out with quarterly earnings of $0.43 per share, beating the Zacks Consensus Estimate of $0.28 per share. This compares to loss of $0.24 per share a year ago.
UBS remains in discussion with Swiss govt over capital plans, CEO says
UBS remains in "technical discussions" with the Swiss government about its plans for the bank to hold more capital but is yet to receive feedback, CEO Sergio Ermotti said on Wednesday.
Stocks have rarely been this expensive versus bonds. Now, UBS expects that to change.
Stocks are now expected to weaken versus bonds, argue UBS strategists.
U.S. election won't be an 'uneventful event' for global markets, UBS chief says
"We do expect, no matter who wins and the outcome, we do expect some market movements. And it remains to be seen how investors will react," Ermotti added.
UBS Ermotti: Brace For Volatility as Markets Expect Trump Win
Investors around the world are betting on a Donald Trump victory in US elections next week, but whatever the outcome more volatility is in store, UBS CEO Sergio Ermotti said. Read more: Click Here
UBS smashes forecasts with bumper profit, warns of volatility around U.S. elections
The Swiss bank's profits were boosted by the ongoing integration of wealth management accounts previously run by its main rival Credit Suisse
UBS CEO Sergio Ermotti on Earnings and Why He's Wary of US Election Risks
UBS CEO Sergio Ermotti discusses the integration of Credit Suisse, the US election and the outlook for inflation. He also comments on share buybacks, capital requirements and the prospects for UBS's Asia business.
U.S. election will not be an 'uneventful event' for markets, UBS chief Sergio Ermotti warns
UBS CEO Sergio Ermotti discusses the market outlook for the fourth-quarter, from macroeconomic and geopolitical uncertainty to the impact of the upcoming U.S. elections.
UBS reports $1.4bn profit in Q3
UBS posts $1.4bn in Q3 net profit as the lender accelerated the integration of former rival Credit Suisse. Standard Chartered almost doubles its quarterly pre-tax profit which prompts the London-based bank to hike guidance and pledges to lift its dividend payout.
UBS and Standard Chartered surpass Q3 profit expectations, signal growth amid strategic shifts
European banking giants UBS and Standard Chartered reported robust third-quarter earnings, outperforming market expectations and showcasing strategic growth across wealth management and international markets. While UBS saw profits soar on the back of its integration of Credit Suisse, Standard Chartered leveraged strong performance in its wealth management division to revise its 2024 income guidance upward.
UBS Net Profit Beats Expectations
UBS reported a third-quarter net profit that beat analysts' expectations, lifted by its investment bank and wealth-management arm and lower expenses from the integration of former rival Credit Suisse.
UBS posts bigger-than-expected net profit in third quarter
UBS Group on Wednesday reported a forecast-beating quarterly net profit of $1.4 billion helped by cost reductions and revenue growth as the bank carried out its first wave of client migrations from Credit Suisse since acquiring its old rival last year.
