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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,
3h
Swiss Regulator Finma Leans Against UBS Plea on Competitiveness
The chief executive of Switzerland’s financial regulator signaled that he’s resisting pressure to accept the competitiveness ...
1d
UBS is European banking’s loneliest mountaineer
Instead of looking over its shoulder at the rest of Europe, Swiss bank would prefer to narrow gap on US rivals ...
1d
Answer to UBS’s chronic US problem may be M&A
Sergio Ermotti has a U.S. problem. The UBS boss acknowledged as much on Tuesday by releasing some new targets for the ...
2h
on MSN
Why UBS Group AG (UBS) Went Down on Tuesday
We recently compiled a list of the 10 Firms Fall Amid Disappointing Earnings Performance. In this article, we are going to ...
Swissinfo
3h
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 ...
The Manhattan Mercury
21h
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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