Topic
ubs
4 stories related to this topic, newest first.
Paul Best / Wikimedia (CC BY-SA 2.0)world53 days ago
UBS Americas Wealth Management Shows Tentative Revival After Outflows and Staff Departures
UBS's wealth-management business in the Americas has displayed tentative signs of revival following a period marked by client fund outflows and key staff departures. The business operates in the region amid these developments. @business reported these details.
forbes.comfinance53 days ago
Deutsche Bank Reports Higher-Than-Expected Q1 Profit Amid Trading Stability
Deutsche Bank posted first-quarter net revenue of €8.67 billion and net income of €1.91 billion, exceeding estimates. The results were driven by steady income from trading, asset management, and retail banking. UBS also reported strong quarterly profits fueled by trading gains.
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swissinfo.chworld59 days ago
UBS Criticizes Swiss Government's Tougher Banking Rules as Bank's Riskiest Bonds Rise
UBS criticized the Swiss government's announced plans for tougher banking rules. Following the criticism, the bank's riskiest bonds increased in value. The developments were reported amid ongoing discussions on banking regulations in Switzerland.
nypost.comworld60 days ago
Swiss Government Orders UBS to Set Aside $20 Billion in Additional Reserves
Swiss authorities have directed UBS to allocate an extra $20 billion in reserves to cover potential losses from its foreign operations. The measure aims to prevent taxpayer-funded bailouts following the 2023 Credit Suisse collapse. UBS received some concessions but criticized the…