STOCK TITAN
  1. Home
  2. News
  3. UBS

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.

News

UBS Private Wealth Management hires William Wright and Matthew Hoffman in New York City

Rhea-AI Summary
UBS Private Wealth Management welcomes Private Wealth Advisors William Wright and Matthew Hoffman, along with Senior Wealth Strategy Associate Audrey Kaus, to their New York City team. The advisors bring extensive experience in serving high-net-worth individuals, entrepreneurs, and corporate executives, offering a range of wealth management services.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.07%
Tags
management
-
News

Five UBS Financial Advisors in Southern California and Hawaii named Top Women Wealth Advisors by Forbes

Rhea-AI Summary
UBS Wealth Management USA announces five financial advisors from Southern California and Hawaii named to Forbes Top Women Wealth Advisors and Best-In-State lists for 2024, with Courtney Liddy ranked #21 nationally. The advisors are recognized for their personalized financial advice and client commitment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
News

UBS Hires Three-Person Financial Advisor Team in Birmingham, MI

Rhea-AI Summary
UBS Wealth Management USA welcomes The Bucher Group, a father-son team, to their firm in Michigan. The team focuses on tailored investment strategies for high-net-worth individuals and families.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.17%
Tags
management
News

UBS publishes agenda for its Annual General Meeting on 24 April 2024

Rhea-AI Summary
UBS Group AG announces the nomination of Gail Kelly to the Board of Directors, with Dieter Wemmer not seeking re-election after eight years. The company proposes a cash dividend of USD 0.70 per share for the 2023 financial year. The 2024 Annual General Meeting will be held on 24 April 2024 in Basel, featuring various agenda items and re-elections of board members and compensation committee.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.17%
Tags
none
-
News

UBS publishes 2023 Annual Report and Sustainability Report

Rhea-AI Summary
UBS (NYSE:UBS) releases its Annual Report for 2023, showing a net profit of USD 27.8 billion, down from USD 29 billion in the previous year. Diluted earnings per share decreased to USD 8.45, and the CET1 capital ratio dropped to 14.4% from 14.5%. The report includes details on the acquisition of Credit Suisse, sustainability initiatives, and decarbonization targets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.17%
Tags
none
-
News

UBS Group AG (UBS) and Apollo conclude investment management and transition services agreements as final step in carve-out of former Credit Suisse Securitized Products business, Atlas SP

Rhea-AI Summary
UBS and Apollo have entered into an agreement where Apollo will purchase USD 8 billion of senior secured financing facilities from UBS. This aligns with UBS's strategy to wind down its Non-Core and Legacy portfolio. UBS expects a net gain of around USD 0.3 billion, while Credit Suisse AG anticipates a net loss of around USD 0.9 billion. The agreement marks Atlas' evolution into an independent platform.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.8%
Tags
none
News

UBS Financial Advisors form $1.3 billion team in Hartford, CT

Rhea-AI Summary
UBS Wealth Management USA forms Stone Harbor Group in Hartford, CT, comprising a team of Financial Advisors overseeing $1.3 billion in client assets with over 150 years of collective investment experience. The team aims to meet evolving client needs and enhance the client experience through collaboration and unique skills.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.11%
Tags
none
-
News

UBS appoints James V. Carideo as Market Director for San Diego

Rhea-AI Summary
UBS Wealth Management appoints James V. Carideo as Market Director for San Diego offices, bringing over 30 years of wealth management experience. Carideo to oversee financial advisors and support staff in San Diego, Rancho Bernardo, and Carmel Valley.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.49%
Tags
management
-
News

UBS Advisor Team The Mahoney Group Named to Forbes Best-in-State Wealth Management Teams List

Rhea-AI Summary
UBS Private Wealth Management's The Mahoney Group in Los Angeles named to Forbes Best-in-State Wealth Management Teams list for 2024, led by Thomas Mahoney, recognized for client commitment and financial expertise.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.11%
Tags
none
News

UBS declares quarterly coupon payments on Exchange Traded Note: AMUB

Rhea-AI Summary
UBS Investment Bank declares coupon payments for the ETRACS Alerian MLP Index ETN Series B. The current yield stands at 6.20% annually, with a quarterly payment schedule.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.95%
Tags
none

FAQ

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

The current stock price of UBS Group (UBS) is $31.74 as of November 21, 2024.

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

The market cap of UBS Group (UBS) is approximately 101.2B.

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.

Stock UBS logo
UBS Group AG

NYSE:UBS

UBS Rankings

#125 Ranked by Market Cap
#1748 Ranked by Dividends

UBS Stock Data

101.16B
3.18B
0.05%
57.67%
0.22%
Banks - Diversified
Financial Services
Link
United States of America
Zurich