UBS Group AG (UBS) News
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UBS News Highlights
- For UBS, its 30 day story count is now at 22.
- Over the past 23 days, the trend for UBS's stories per day has been choppy and unclear. It has oscillated between 1 and 9.
- TOP, AG and CONN are the most mentioned tickers in articles about UBS.
Latest UBS News From Around the Web
Below are the latest news stories about UBS GROUP AG that investors may wish to consider to help them evaluate UBS as an investment opportunity.
UPDATE 1-UBS CEO says private buyer preferred outcome in case of rescueUBS is one of the world’s safest large institutions, the Swiss bank's CEO said while speaking at a Swiss Risk Association event on Wednesday. "Even in the unlikely event of something going wrong at UBS, we have enough cushion before even speaking about a resolution of the bank and its very unlikely risk of a loss for the taxpayer," Sergio Ermotti said. |
UBS CEO: private buyer preferred outcome in case of rescueUBS is one of the world’s safest large institutions, the Swiss bank's CEO said while speaking at a Swiss Risk Association event on Wednesday. "Even in the unlikely event of something going wrong at UBS, we have enough cushion before even speaking about a resolution of the bank and its very unlikely risk of a loss for the taxpayer," Sergio Ermotti said. Would UBS need to be rescued, Ermotti said a private buyer would continue to be preferable. |
UBS declares quarterly coupon payments on Exchange Traded Note: AMUBNEW YORK, November 21, 2023--UBS Investment Bank today announced coupon payments for the ETRACS Alerian MLP Index ETN Series B (NYSE Arca: "AMUB"), traded on the NYSE Arca. |
UBS Hires $700 Million Advisor Team From Merrill LynchUBS hired a financial advisor team managing $700 million from Merrill Lynch, the Swiss bank said Friday. The team is led by advisors Maureen Keating, Michael DeCorleto and Matthew Marques. The group also includes Matthew Mardirosian, a wealth management associate. |
UBS Financial Advisor Team Mainsail Wealth Partners Named to the Forbes Top 100 Private Wealth Management Teams ListLOS ANGELES, November 20, 2023--UBS Private Wealth Management announced today that Mainsail Wealth Partners, an advisor team in the firm’s Los Angeles Private Wealth office has been named to the Forbes America’s Top 100 Private Wealth Management Teams list for 2023, ranking #7 in the nation. |
AT1 rush shows bank investors have short memoriesUBS issue of capital instrument generates hotcake exuberance just months after Credit Suisse wipeout |
$700 Million Advisor Team Joins UBS in Hartford, ConnecticutHARTFORD, Conn., November 17, 2023--UBS Wealth Management USA today announced that a four-person advisor team, The Keating group, has joined the firm. The team is led by Financial Advisors Maureen Keating, Michael DeCorleto and Matthew Marques, and also includes Wealth Management Associate Matthew Mardirosian. Together, they manage approximately $700 million in client assets for high-net-worth individuals and families. |
UBS Group AG (UBS) to Fight for Reduction in $1.95B PenaltyUBS Group AG (UBS) receives a judgment from a French top court regarding the reconsideration of its $1.95 billion penalty. However, the court continues to uphold its money laundering activities in the country. |
Barclays receives strong demand for AT1 bond as market recoversThe European bank debt market was bolstered by strong demand for a new issuance from Barclays on Wednesday, a week after UBS re-entered the market with the biggest sale of additional tier-one bonds for five years. UK lender Barclays received more than $13bn of demand from investors for an AT1 bond that could be redeemed in June 2030, according to an investor. The yield on the debt was revised down to about 9.6 per cent from 10.5 per cent as a result of the strong demand. |
UBS Spared $2 Billion in Penalties After French Supreme Court Calls for New Trial in Tax CaseUBS Group won’t have to pay around $2B after the French Supreme Court partly overturned a previous court decision, but confirmed a ruling that the bank had helped wealthy clients in France evade taxes. |