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Swiss bank UBS returns to profit in 4th quarter
UBS CEO takes aim again at Swiss capital rules, spooking shares
UBS shares sank on Tuesday after its CEO warned again about the negative impact of new Swiss capital rules and the bank said its buyback plans hinged on no major changes to them.Shares in Switzerland's largest bank initially rose after its fourth quarter profit beat forecasts,
UBS Says Swiss Capital Rule Would Mean Higher Profit Retention
UBS Group AG says it would have to fund any new capital requirement from the Swiss government through higher profit retention, according to the bank’s Chief Financial Officer Todd Tuckner.
Swiss bank UBS returns to profit in fourth quarter
UBS Group AG was back in the black in the fourth quarter - based off better revenues - after incurring a loss in the same period of the previous year, the Swiss banking giant reported on Tuesday. For the fourth quarter,
2d
on MSN
UBS shares retreat 6% as fourth-quarter profit beat, $3 billion buyback fail to impress
Swiss banking giant UBS on Tuesday posted $770 million in fourth-quarter net profit, compared with a mean forecast of $886.4 ...
2d
UBS Absorbs Tougher Swiss Trading Rules While Global Peers Delay
UBS Group AG said it managed to offset the effect of tougher rules on its trading operations which Switzerland had introduced ...
Swissinfo
1d
Switzerland’s Finma Pushes Back Against Calls to Protect UBS
Switzerland’s financial watchdog signaled it’s opposed to giving UBS Group AG any special treatment to aid its competitiveness against global rivals, as the country undergoes a regulatory overhaul ...
2d
UBS Turns To Profit In Q4, Hikes Dividend, Plans $3 Bln Buyback; But Stock Down
UBS Group AG reported Tuesday a profit in its fourth quarter, compared to prior year's loss, benefited by increased revenues. The ...
Opinion
2d
Opinion
UBS Joins BNP in Trading Boom But Capital Concern Lingers
Investment banks are benefiting from volatile markets, but their future profitability hinges on the regulatory backdrop.
Swissinfo
10h
Asian investors sue Switzerland over Credit Suisse bond losses
More than 500 investors from Singapore, Japan and Hong Kong have launched claims against Switzerland in relation to AT1 bonds.
2d
UBS Earnings: UBS Shares Drop 6% Despite Strong Q4 Profits and Buyback
Shares of the banking giant UBS Group AG (UBS) dropped nearly 6% in pre-market trading, despite reporting strong Q4 profits.
7d
Higher capital requirements for UBS will raise costs for others, CEO says
Imposing higher capital requirements on UBS as a systemically relevant bank will usher in higher costs for companies and ...
The Daily Hodl
4d
Switzerland’s Largest Bank Tests Tokenized Gold Product on Ethereum Layer-2 ZKsync
Union Bank of Switzerland (UBS), the largest bank in Switzerland, is testing a tokenized gold product on Ethereum (ETH) layer ...
blockonomi
3d
Swiss Banking Giant UBS Pilots Tokenized Gold on ZKsync Platform
Switzerland's largest bank UBS is testing a digital gold trading system called UBS Key4 Gold on Ethereum's ZKsync Layer-2 ...
AFP on MSN
2d
UBS profit beats forecast as Credit Suisse merger nears end
Swiss banking giant UBS said Tuesday that it remained on track to substantially wrap up its mega-merger with Credit Suisse by ...
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