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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 announces that 13 advisors in the Philadelphia D.C. wealth management market have been named to the Barron's Top 1200 Financial Advisors list for 2024, showcasing their commitment to providing top-notch financial services.
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UBS Private Wealth Management welcomes Regina Bronson and Alex Gitomer as Managing Directors and Private Wealth Advisors in New York City, along with Senior Wealth Strategy Associates Christina Brown and Hilary Stock. The team brings decades of experience in advising ultra-high-net-worth clients and will be based at the 1285 Avenue of the Americas office. Regina and Alex have a strong commitment to personalized service and tailored advice, leveraging UBS's resources to provide customized strategies for clients.
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UBS Private Wealth Management's Jason E. Stephens, CFP®, has been named to Barron's Top 1200 Financial Advisors list for 2024, ranking No. 25 in Florida. Stephens, with The Stephens Group, provides comprehensive wealth management solutions to clients, earning industry accolades for 11 consecutive years.
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UBS Private Wealth Management has welcomed Thomas Mains as a Financial Advisor in Atlanta, Georgia. Tom brings over a decade of experience in wealth management and joins the UBS Southeast Market team to provide comprehensive wealth management services. He will work alongside the existing UBS Private Wealth advisor team, MLM Partners, to cater to family offices, successful families, and individuals. Tom's addition is expected to strengthen the private wealth team at UBS.
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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.
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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.
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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.
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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.
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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.
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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.
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FAQ

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

The current stock price of UBS Group (UBS) is $29.78 as of December 20, 2024.

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

The market cap of UBS Group (UBS) is approximately 95.3B.

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

95.35B
3.18B
0.05%
55.72%
0.24%
Banks - Diversified
Financial Services
Link
United States of America
Zurich