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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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Synthesized Ltd, a data generation platform, receives investment from UBS Next for its AI-driven approach in creating production-like test data. The investment aims to support Synthesized's growth in providing high-quality, privacy-preserving data for various industries.
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UBS Wealth Management USA celebrates 22 financial advisor teams from Southern California and Hawaii on Forbes Best-In-State Wealth Management Teams list for 2024, showcasing dedication to client needs and financial goals.
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UBS announces 21 advisor teams in Philadelphia D.C. Wealth Management Market named to 2024 Forbes Best-in-State Wealth Management Teams list, managing $5.1 trillion assets. The list includes well-known teams like Wickham Cash Partners, CenturyPlus Wealth Management Group, and more.
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UBS Wealth Management USA announces 37 financial advisor teams in Florida named to Forbes Best-In-State Wealth Management Teams list for 2024, managing $5.1 trillion in client assets.
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UBS Private Wealth Management welcomes Financial Advisors Matthew Foley, Lawrence DeLuise, and Christopher Butler, along with their team, managing over $2 billion in client assets. The team offers boutique-like service, global resources, and customized strategies for high net worth clients.
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UBS Wealth Management USA's Rimmel Mehaffey Pessy Wealth Consulting Group has been named to the Forbes Best-In-State Wealth Management Teams list for 2024, ranking as the top advisor team in Pennsylvania for the second consecutive year. The group is led by Financial Advisors Jim Rimmel and Dan Pessy, who have received numerous industry accolades. The ranking is based on an algorithm of quantitative and qualitative data, including interviews, industry experience, compliance records, and assets under management.
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UBS Wealth Management USA announced that seven financial advisor teams in Arizona have been named to the Forbes Best-In-State Wealth Management Teams list for 2024. The teams are based in Phoenix, Tucson, and Scottsdale. The second annual Forbes/SHOOK Best-In-State Wealth Management Teams list features more than 4,100 teams with cumulative assets of $5.1 trillion.
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UBS Group AG (NYSE:UBS) has reported 4Q23 and FY23 highlights, including a 4Q23 PBT of USD (751m) and FY23 PBT of USD 29,916m, with USD ~4bn in exit rate gross cost savings in FY23 vs FY22 combined and a 27% YoY increase in FY23 ordinary dividend. The company is targeting USD ~13bn gross cost reductions by end-2026 and has maintained a CET1 ratio of 14.5% and CET1 leverage ratio of 4.7%.
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UBS Wealth Management USA has announced that a four-person advisor team, The Hart Group, has joined the firm, managing approximately $1.3 billion in client assets for high-net-worth individuals and families. The team specializes in the Athletes and Entertainers segment, aiming to provide comprehensive financial planning to meet the needs of high net worth clients. The team's leader, James Hart, brings over 30 years of wealth management experience to UBS, focusing on assisting individuals, families, athletes, and business owners with their financial goals. The team's addition is expected to help UBS expand its capabilities and meet growing demand from the Athletes & Entertainers client segment.
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UBS Wealth Management USA's The Stephens Group led by Jason E. Stephens and Michael Lundon has been named to the Forbes Best-In-State Wealth Management Teams list for 2024, ranking No. 9 in Florida. This recognition adds to their previous industry awards, highlighting their expertise in serving high-net-worth clients with customized financial solutions.
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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.

UBS Group AG

NYSE:UBS

UBS Rankings

UBS Stock Data

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