Imposing higher capital requirements on UBS as a systemically relevant bank will usher in higher costs for companies and households, the Swiss lender's CEO, Sergio Ermotti, said on Thursday.
Swiss bank UBS effectively benefits from a state guarantee that has reduced its costs by billions, a study from the University of Bern has found. The study, published on Tuesday, feeds a debate on banking regulation as the parliament considers how to reform the rules in the light of the 2023 collapse of Credit Suisse and its subsequent takeover by UBS,
UBS analyst David Vogt maintained a Sell rating on IBM (NYSE:IBM) stock, with a price target of $160.00, significantly below the current trading price of $259.98. According to InvestingPro analysis, IBM appears overvalued at its current market capitalization of $240 billion and P/E ratio of 37.
UBS Group AG is in advanced talks with India’s 360 One WAM Ltd. for a deal that will turbo-charge the Swiss bank’s exposure to the country’s booming wealth market.
UBS Group AG Chief Executive Officer Sergio Ermotti said he will keep cutting headcount in the wake of the historic acquisition of Credit Suisse.
Investing.com -- UBS is urging investors to take advantage of the recent market correction and buy quality AI stocks, emphasizing that the structural AI growth story remains intact despite short-term volatility.
UBS implements Azure-based assistant to 30,000 staff in Asian and European booking centres through enterprise-scale transformation programme
In a report released today, Stephen Ju from UBS maintained a Buy rating on Meta Platforms (META – Research Report), with a price target of
ZURICH (Reuters) - UBS Chief Executive Sergio Ermotti on Tuesday said it was currently premature for the Swiss bank to consider acquisitions as it continues to focus on the integration of Credit Suisse, which it bought in 2023.
William “Bill” Bruen Jr. and his son Andrew join an existing LPL practice after spending more than a decade at UBS.
Microsoft beat Wall Street’s earnings and revenue forecasts but its intelligent-cloud business fell short of estimates. The software giant posted earnings just days after the te
Microsoft shares tumbled Thursday after the company’s weaker-than-expected fiscal second-quarter cloud growth prompted some analysts to be more cautious about the stock.