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UBS Group AG - UBS STOCK NEWS

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.

UBS Group AG (symbol: UBS) is a multinational investment bank and financial services company based in Switzerland, with co-headquarters in Zürich and Basel. As the largest Swiss banking institution and the world's largest private bank, UBS maintains a robust presence in major financial centers globally.

The company excels in global wealth management, focusing on high and ultra-high-net-worth individuals. Its Swiss operations include traditional retail and commercial banking. UBS also leverages its investment bank and asset management arms to support its wealth management services, providing comprehensive solutions to third-party clients.

UBS's recent achievements include substantial investments in innovative technology ventures. Notably, UBS Next, the group's venture and innovation unit, recently invested in Synthesized Ltd, a data generation and provisioning platform. This partnership aims to enhance data management and security using advanced machine learning and automation technologies.

UBS's diversified offerings and strategic partnerships ensure cutting-edge services, catering to a broad clientele ranging from private individuals to large corporate entities. As of the fourth quarter of 2023, UBS manages an impressive USD 5.7 trillion in invested assets, further solidifying its status as a global financial powerhouse.

UBS shares are publicly traded on the SIX Swiss Exchange and the New York Stock Exchange (NYSE), reflecting the company's significant role in the international financial market.

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UBS Investment Bank announces coupon payments for ETRACS Alerian MLP Index ETN Series B (AMUB) on NYSE Arca, with a current yield of 6.78% and a coupon amount of $0.2721 per quarter.
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UBS Private Wealth Management: Mainsail Wealth Partners Named to Forbes Top 100 Private Wealth Management Teams List for 2023, Ranking #7. The team manages over $7 billion in client assets, serving ultra-high net worth individuals and families with comprehensive wealth management solutions including liability management, estate planning, tax optimization, and philanthropic strategies. Recognized by Barron's and Forbes for multiple years.
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UBS Wealth Management USA: The Keating Group, a four-person advisor team, joins the firm, bringing approximately $700 million in client assets. Led by Maureen Keating, Michael DeCorleto, and Matthew Marques, the team focuses on high-net-worth individuals and families. They will be located in the Hartford office at One State Street, managed by William Cholawa and Andrew Babiak. The team's legacy dates back over 60 years, and they have been recognized on industry accolade lists, including the 2023 Forbes Best-in-State Wealth Management Teams list for Connecticut.
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UBS: French Supreme Court Upholds Previous Decision on Cross-Border Business Activities, Refer Back to Paris Court of Appeal
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UBS: 20 Financial Advisors and Market Directors Obtain CEPA Certification in Arizona, Hawaii, and Southern California
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UBS Wealth Management USA: The Hartigan Schehl Group Joins, Managing Over $700 Million in Client Assets
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UBS reports a profit before tax of USD (255m) due to integration-related expenses. However, underlying profit before tax is USD 844m, showing positive operating leverage at the Group level. The Global Wealth Management division saw net new money of USD 22bn, driven by asset win-back, new clients, and share-of-wallet gains. Net new deposits of USD 33bn were recorded across GWM and Personal and Corporate Banking, with USD 22bn from Credit Suisse clients. UBS released approximately USD 1bn of CET1 capital through the accelerated wind-down of Non-core and Legacy assets, reducing RWA by USD 6bn and LRD by USD 52bn sequentially. The bank maintains a balance sheet with a 14.4% CET1 capital ratio and USD 195bn of total loss-absorbing capacity. USD 3bn in gross run-rate saves have been achieved in 9M23 vs. FY22, with further progress expected in 4Q23.
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UBS to serve as presenting sponsor for Art San Diego in 2023, showcasing works by international, national, and local artists. US art market experiencing robust recovery, with sales increasing by one third in 2021 to $28.0 billion. Growth continued in 2022 with a further increase of 8% to $30.2 billion. UBS supports contemporary art and artists through its Art Collection.
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UBS Private Wealth Management's ViewPoint Partners and Private Wealth Advisors Hillary Cullen, James Coan, and Aileen Schruth have been named to the Barron's Top 100 Private Wealth Management Teams list for 2023.
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UBS announces that The Charles Drew Group, a four-person advisor team, has joined the firm in Washington, D.C.
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FAQ

What is the current stock price of UBS Group (UBS)?

The current stock price of UBS Group (UBS) is $30.29 as of December 23, 2024.

What is the market cap of UBS Group (UBS)?

The market cap of UBS Group (UBS) is approximately 95.5B.

What is UBS Group AG?

UBS Group AG is a multinational investment bank and financial services company based in Switzerland, known as the world's largest private bank.

What are the core businesses of UBS?

UBS's core businesses include global wealth management, retail and commercial banking in Switzerland, and investment bank and asset management services.

Where is UBS Group AG headquartered?

UBS Group AG is co-headquartered in Zürich and Basel, Switzerland.

What recent investments has UBS made?

UBS Next, the group's venture and innovation unit, recently invested in Synthesized Ltd, a data generation and provisioning platform.

How much in assets does UBS manage?

As of the fourth quarter of 2023, UBS manages USD 5.7 trillion in invested assets.

On which stock exchanges are UBS shares listed?

UBS shares are listed on the SIX Swiss Exchange and the New York Stock Exchange (NYSE).

What is UBS's approach to wealth management?

UBS focuses on high and ultra-high-net-worth individuals, offering personalized advice, solutions, and products to meet their financial goals.

How does UBS support third-party clients?

UBS provides comprehensive investment banking and asset management services to third-party clients, leveraging its wealth management expertise.

What is UBS Next?

UBS Next is the group's venture and innovation unit, investing in innovative technologies and companies to enhance UBS's service offerings.

What is the significance of UBS's investment in Synthesized Ltd?

The investment in Synthesized Ltd aims to improve data management and security through advanced machine learning and automation, benefitting various industries.

UBS Group AG

NYSE:UBS

UBS Rankings

UBS Stock Data

95.49B
3.18B
0.05%
55.72%
0.24%
Banks - Diversified
Financial Services
Link
United States of America
Zurich