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 Wealth Management USA's Highbridge Wealth Management team in Plano, Texas has been recognized on the Forbes Best-In-State Wealth Management Teams list for 2024. Led by Financial Advisors Mark Kever, Mark Hagan, Shawn Nicholas, Megan Portacci, and Byron Brooks, the team has been commended for their commitment to providing clients with best-in-class service and advice, as well as their deep knowledge and expertise in guiding generations of families, executives, and entrepreneurs through complex wealth challenges. The Forbes/SHOOK Best-In-State Wealth Management Teams list features over 4,100 teams with cumulative assets of $5.1 trillion, with the Highbridge Wealth Management team at UBS being recognized for their outstanding industry achievement.
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UBS announces the appointment of Aleksandar Ivanovic as President Asset Management and Beatriz Martin Jimenez as GEB Lead for Sustainability and Impact, following the retirement of Suni Harford. Ivanovic has played a key role in developing UBS's Asset Management strategy, while Jimenez has held various key roles at UBS and will now lead sustainability and impact efforts. Harford, who led the integration of Credit Suisse's asset management activities, will retire after significant contributions to UBS's success.
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UBS Wealth Management USA's Endurance Artist Management team in Los Angeles has been named to the Forbes Best-In-State Wealth Management Teams list for 2024, marking the second consecutive year they have achieved this recognition. Led by Private Wealth Advisor David Schachter and Financial Advisors Dane Abbott and Tony De La Rosa, the team serves entrepreneurs, entertainment clients, business owners, founders, and venture-backed growth companies. The team also includes Wealth Strategy Associate Peter Repar and Client Associate Alexander Chumas. The Forbes/SHOOK Best-In-State Wealth Management Teams list features more than 4,100 teams with cumulative assets of $5.1 trillion, and the ranking is based on quantitative and qualitative criteria, including interviews.
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UBS Private Wealth Management has added an eight-person financial advisor team, Hammond Fay Bush & Associates, with approximately $1.6 billion in client assets. The team, led by Jack Hammond, Susan Bush, and Brian Fay, will enhance UBS's ultra-high net worth client offering in Northbrook, Illinois. The addition reflects UBS's focus on recruiting and retaining talented financial advisors to deliver the full power of UBS to their clients.
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UBS Wealth Management USA announced that Financial Advisors Joseph J. Guarneri, Steven Kabot, Stefani Bollag, Daniel Russo, and Conor Heine, along with their team GKB & Associates, managing nearly $2 billion in client assets, will be joining the firm in New York City.
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UBS Group AG (NYSE:UBS) (SWX:UBSN) nominates Gail Kelly for election to the Board of Directors at the upcoming Annual General Meeting and announces that Dieter Wemmer will not stand for re-election after eight years of Board membership. Gail Kelly is a recognized leader in the financial services sector with over 35 years of executive banking career, and UBS Chairman Colm Kelleher expressed great pleasure in her nomination. Dieter Wemmer, the longest serving Board member, has decided to step down, and UBS Chairman Colm Kelleher thanked him for his invaluable collaboration and distinguished service to the firm.
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UBS Private Wealth Management's Montage Financial Group has been named to the Forbes America’s Top Wealth Management Teams Private Wealth list for 2023, ranking #37 in the nation. The team has also been recognized on the 2023 Barron’s Top 100 Private Wealth Teams list and the 2023 Forbes Best-in-State Wealth Management Teams list. Montage Financial Group at UBS has guided generations of sophisticated families, senior executives, and entrepreneurs through complex wealth challenges. The Forbes/Shook Top Wealth Management Teams Private Wealth list includes 100 teams with cumulative assets of more than $1 trillion, focusing on accounts with $10 million or higher.
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UBS Wealth Management USA (UBS) has announced the addition of Financial Advisor Steve Nassau and Senior Registered Client Associate Kristin Landis to its Orange County/Irvine office. Nassau brings over four decades of experience in the wealth management industry, having spent over 30 years at Morgan Stanley. UBS Market Director Howard Woo expressed confidence in their ability to serve high-net-worth individuals, family offices, corporations, foundations, and endowments.
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UBS Wealth Management USA (UBS) welcomes Chris Hartnett, Daniel Schurr, John Little, and William Kennon, along with Client Service Associate Wanda Brewster-Harris to the firm. They collectively manage nearly $600 million in client assets and bring over 50 years of industry experience. The team focuses on providing holistic wealth management advice to high-net-worth individuals, families, and business owners. They join the UBS Southeast Wealth Management Market in Atlanta, Georgia, led by Market Executive Lane Strumlauf. UBS looks forward to expanding its client offering in Atlanta with the addition of these experienced advisors.
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UBS expands its Phoenix office to over 24,000 square feet and opens a new office location in North Scottsdale. Seven financial advisors completed advanced training and received industry certifications to support business owners and UHNW investors. The firm aims to meet the growing demand for wealth management services in Arizona.
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FAQ
What is the current stock price of UBS Group (UBS)?
The current stock price of UBS Group (UBS) is $31.8 as of November 22, 2024.
What is the market cap of UBS Group (UBS)?
The market cap of UBS Group (UBS) is approximately 101.0B.
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
101.02B
3.18B
0.05%
57.67%
0.22%
Banks - Diversified
Financial Services
United States of America
Zurich