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.
Policymakers trying to predict the next financial crisis should spend more time thinking about high levels of government debt than obscure market risks, Sergio Ermotti, Chief Executive Officer of UBS Group AG,
UBS Group AG Chief Executive Officer Sergio Ermotti said he will keep cutting headcount in the wake of the historic acquisition of Credit Suisse.
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.
The defendant was charged after authorities said they discovered that he promised a discount to drivers attending an event at the Elmont venue.
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,
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.
The U.S. Department of Labor granted UBS a waiver the Swiss bank needs to continue managing U.S. retirement plans after a paperwork error had put the $11 billion of assets the lender oversees at risk,
(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.
According to UBS, central banks continued to be the mainstay of gold demand, with their purchases and the heightened global risk premiums driving gold prices. Despite the breakdown in the relationship between gold and real interest rates, these factors have kept the gold market buoyant.
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
Andrew Garthwaite, chief global equity strategist at UBS, sees the U.S. 10-year bond yield ( US10Y) at 4.25% by the end of the year and recommends staying underweight non-financial cyclicals since they tend to correlate 62% of the time with bond yields’ direction.