UBS Group AG (UBS)
Why Anheuser-Busch InBev Stock Just Popped
UBS analyst Sanjeet Aujla upgraded Anheuser-Busch InBev stock to buy today. UBS sees Anheuser-Busch growing its volume shipped, its prices, its profit margins, and its free cash flow over the next 12 months.
Foreign banks target Switzerland after UBS takeover of Credit Suisse
As Credit Suisse fades into history following its takeover by UBS last year, global banks are expanding in Switzerland to take advantage of companies' desire to spread their business.
Credit Suisse collapse showed weakness in regulatory framework: SNB
The collapse of Swiss bank Credit Suisse last year has highlighted weaknesses in the regulatory framework, the Swiss National Bank said on Thursday.
Swiss financial regulator closes UBS antitrust probe after Credit Suisse merger
Switzerland's financial regulator, FINMA, on Wednesday said it would not further investigate UBS's market dominance after it rescued Credit Suisse last year.
UBS CEO pushes back against Swiss critics of bank's size
UBS's CEO on Tuesday hit out at suggestions Switzerland should set tougher regulations for the bank after its 2023 takeover of Credit Suisse, saying "fear" and "populist" critics were doing down the business and the country's own prospects.
UBS Group (UBS) Plans Redemption on Funds Hit by Greensill
UBS Group (UBS) enables investors to redeem 90% of Credit Suisse Supply Chain Finance Funds. The offer commenced on Jun 17, 2024, and will be open until Jul 31, 2024.
Best Buy's stock leaps after UBS makes Wall Street's most bullish call
Shares of Best Buy Inc. now appear “fully charged” for a rally, said UBS's Micheal Lasser, who on Monday became Wall Street's most bullish analyst covering the consumer electronics and appliances retailer.
UBS draws line under Greensill collapse with repayment offer
UBS has proposed a settlement with the victims of the Greensill collapse that helped sink rival Credit Suisse and spark a merger of the Swiss banks to save it from going under. Former Credit Suisse customers have been offered 90% of the funds they invested in failed trade factoring business Greensill, which Credit Suisse was providing with funds.
UBS to book $0.9 bln provision linked to inherited Greensill funds
UBS expects to record a provision of around $0.9 billion, the Swiss bank said on Monday, in connection to Credit Suisse's funds linked to collapsed supply chain financing firm Greensill Capital.
UBS Group (UBS) Plans to Divest Credit Suisse's China Unit
UBS Group (UBS) enters into final discussions to sell its China brokerage venture of Credit Suisse. On completion of the transaction, UBS is set to retain 15% ownership of the Credit Suisse venture.
St James's Place hires UBS executive as CFO
British wealth manager St James's Place said on Thursday it had hired UBS executive Caroline Waddington to be its chief financial officer, succeeding Craig Gentle who plans to retire.
UBS market strength puts Swiss industry on edge
UBS's takeover of Credit Suisse has fed a creeping anxiety that Swiss companies will pay a price for the enlarged bank's outsize market strength.
