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.
UBS Wealth Management USA's Endurance Artist Management team has been recognized in the 2023 Forbes Best-In-State Wealth Management Teams list. The team, located in Los Angeles and led by David Schachter, provides tailored wealth management services to clients in the media and entertainment sectors. Their expertise includes addressing distinct financial needs of artists and entrepreneurs. UBS's AEC designation showcases their specialized skills in managing atypical income streams. The Forbes list features over 2,800 teams with combined assets of about $4 trillion, reflecting comprehensive evaluations by SHOOK Research.
UBS Private Wealth Management has announced that Travis Frayard, a Private Wealth Advisor in Lafayette, Louisiana, has been named to the Financial Planning Top 40 Brokers Under 40 list for 2023. This recognition highlights Frayard's dedication to providing exceptional service and investment advice to his clients. With over 15 years of experience and multiple financial certifications, he significantly contributes to UBS and manages customized investment strategies. The 2023 list represents brokers who collectively generate nearly $205 million in annual revenue and oversee $40 billion in client assets.
UBS Wealth Management USA has appointed Mike Mimick as the new Market Executive for its Midwest Market, overseeing operations across several states, including Minnesota and Nebraska. With 18 years at UBS and extensive leadership experience, Mike has proven himself as a key player in the firm’s growth in the region. His track record includes leading advisors in multiple states and receiving the Leadership Council award five times. Jennifer Povlitz, UBS Division Director, expressed confidence in Mike’s leadership, emphasizing commitment to clients and advisors in delivering comprehensive services.
UBS Investment Bank has announced coupon payments for the ETRACS Alerian MLP Index ETN Series B (NYSE Arca: AMUB). The coupon payment is scheduled for March 9, 2023, amounting to $0.2511, with a current yield of 6.74%. The record date is set for March 1, and the ex-dividend date is February 28, 2023. Investors are advised of the risks associated with ETNs, including the potential loss of principal, and are encouraged to review the prospectus for detailed financial information and risk factors.
These advisors collectively manage significant assets, contributing to the impressive recognition of 1,697 women overseeing nearly
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UBS announced that Private Wealth Advisors Rebecca Glasgow, Leslie Lauer, and Jana Lisle Parham have been recognized in the Forbes Top Women Wealth Advisors Best-In-State list for 2023. Glasgow and Lauer also made the Forbes America’s Top 100 Women Wealth Advisors list. This recognition highlights their dedication to personalized wealth management that aligns with client financial needs, as noted by Southeast Market Executive Lane Strumlauf. The Forbes/SHOOK ranking includes 1,697 women managing nearly $2.3 trillion in assets, evaluated through rigorous criteria including interviews and compliance records.
UBS Private Wealth Management has announced that Jeremy Keller, a Managing Director in Las Vegas, has been named to the 2023 Financial Planning Top 40 Brokers Under 40 list. This recognition highlights the exceptional service he offers to high-net-worth clients. Keller's team, Montage Financial Group, focuses on personalized wealth management solutions and was recently recognized as one of Forbes Best-In-State Wealth Advisors for 2022. The 2023 Top 40 Brokers collectively manage $40 billion in assets and generate nearly $205 million in revenue, with the ranking determined by quantitative analysis.
UBS announced that five of its advisors in the Philadelphia D.C. wealth management market have been recognized in the Forbes Top Women Wealth Advisors Best-in-State list for 2023.
This acknowledgment highlights the advisors' dedication to client service. The listed advisors include Karen Robbins, Karen Ben-Shlaush, Sandy Cunningham, Holidae Hayes, and Toria Scotto.
The Forbes list features 1,697 women managing nearly $2.3 trillion in assets, emphasizing their significant role in financial management.
UBS Wealth Management USA announced that six advisor teams in its Southeast Wealth Management Market have been recognized in the Forbes Best-In-State Wealth Management Teams list for 2023. This accolade highlights the teams' commitment to client service and excellence. The advisors leverage UBS's comprehensive capabilities to deliver tailored financial advice. The named teams are Bridgeline Wealth Management, Compass Financial Advisors, Harbor View Wealth Management, The 770 Group, The Stephenson/Baun Wealth Management Group, and OakRing Wealth Partners. The ranking, developed by SHOOK Research, evaluates over 2,800 teams with nearly $4 trillion in assets.
UBS announced that six of its Private Wealth Management teams in the Southeast Market have been recognized on the Forbes Best-In-State Wealth Management Teams list for 2023. This includes the Family Office Partners team, which was ranked #1 in Tennessee. The list evaluates over 2,800 teams managing approximately $4 trillion in assets, using quantitative and qualitative criteria. This accolade highlights UBS's commitment to providing expert financial advice and exceptional client service. Notable teams recognized include Key Partners in Atlanta, The ESOP Group, and others across Georgia, Tennessee, and Louisiana.
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