Welcome to our dedicated page for UBS Group news (Ticker: $UBS), a resource for investors and traders seeking the latest updates and insights on UBS Group stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect UBS Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of UBS Group's position in the market.
UBS reported a strong 1Q24 performance with a net profit of USD 1.8bn and underlying PBT of USD 2.6bn. The company showed significant positive operating leverage with revenue growth of 15% QoQ and operating expenses reduction of 5% QoQ. UBS achieved net new assets of USD 27bn in Global Wealth Management and reduced non-core and legacy RWA by USD 16bn. The company named top employer for business students in Switzerland. Integration plans with Credit Suisse on track with merger expected on 31 May 2024.
Stockton Schultz, a financial advisor at UBS Wealth Management USA in Phoenix, has been named to the Financial Planning Top 40 Brokers Under 40 list for 2024 and earned the Athletes and Entertainers Consultant designation at UBS. With over 15 years of experience, Stockton Schultz provides tailored wealth management strategies to high-net-worth families, athletes, and entertainers. The Top 40 Brokers Under 40 generate $207 million in annual revenue and oversee $53 billion in client assets.
Three UBS Financial Advisors in Arizona, Susan Bailey, Jennifer Loson Luckovich, and Jennifer Pope, have been named to the Forbes Top Women Wealth Advisors Best-In-State list for 2024. The advisors excel in providing personalized wealth management services and advice to both women and men. Susan Bailey is the lead financial advisor of Bailey Wealth Management at UBS, focusing on income planning, insurance protection, and generational wealth transfer. Jennifer Loson Luckovich is a Certified Financial Planner helping women navigate financial changes. Jennifer Pope has over 20 years of experience and is recognized for her community involvement. The Forbes/SHOOK Top Women Wealth Advisors Best-In-State list features 1,991 women managing assets totaling over $2.8 trillion.