UBS Group AG Chief Executive Officer Sergio Ermotti said he will keep cutting headcount in the wake of the historic acquisition of Credit Suisse.
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.
A fifth of private deals in 2024 had some sustainability element, UBS' EMEA president told delegates at the World Economic Forum in Davos on Wednesday.
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UBS secures new US pensions waiver
UBS has received a new waiver from the U.S. Department of Labor to manage U.S. retirement plans. This comes after the Swiss bank rectified a paperwork error that had jeopardized its license. The waiver allows UBS to continue its operations in the U.
The defendant was charged with falsifying business records and grand larceny on Jan. 14 after authorities said discovered that he promised a discount to drivers attending an event at the Elmont venue.
UBS Group AG Chief Executive Officer Sergio Ermotti said he’s looking at whether to follow Wall Street peers in abandoning a key climate-finance alliance, as lenders seek to protect themselves from intensifying political pressure.
And therefore I don't see rates coming down as fast as people believe," Ermotti told CNBC. Freshly inaugurated U.S. President Donald Trump has threatened to impose 25% tariffs on Mexico and Canada, while also floating a separate set of retaliatory trade measures against China.
(Reuters) - UBS Group has halted accepting certain bonds and shares of Hong Kong property developer New World Development as collateral for margin loans in recent weeks, Bloomberg News reported on Tuesday.
Chief Executive Officer John McKenzie will present at the 2025 UBS Financial Services Conference on Monday, February 10, 2025, at 8:50 a.m. - 9:30 a.m. ET.Mr. McKenzie will also present at the Bank of America Financial Services Conference on Tuesday,
Eric Sim, formerly a managing director at UBS, said people working doggedly towards retirement without knowing what they'll do with their new-found free time will "waste" their days.
What do we expect from Budget 2025? UBS says changes in tax policy unlikely, especially for capital markets, expect measures to boost capex and consolidation.
UBS raised the firm’s price target on AppLovin (APP) to $440 from $315 and keeps a Buy rating on the shares. The firm has more confidence in