The Zurich-based bank is in the midst of overhauling its U.S. wealth business with a greater priority on mass affluent clients and lower costs.
NET PROFIT FORECAST: UBS's quarterly net profit is forecast to be at $483 million, according to the consensus. The bank reported a net loss of $279 million for the year-earlier period, hit by around ...
Swiss banking giant UBS could reportedly pay "at least hundreds of millions of dollars" in penalties related to prior misconduct at Credit Suisse, which UBS acquired after the bank collapsed in 2023.
UBS Group (SIX:UBSG) (NYSE:UBS) on Tuesday reported a net profit of $0.8 billion for the fourth quarter of 2024 and $5.1 ...
As part of a plea agreement, the bank paid $2.6B and was required to find and shut down any remaining undeclared American-held accounts. UBS (NYSE:UBS) acquired Credit Suisse in 2023 after it lost ...
We recently compiled a list of the 10 Best European Bank Stocks to Buy According to Analysts. In this article, we are going to take a look at where UBS Group AG (NYSE:UBS) stands against the other ...
UBS’s stock reached a new 16-year high on Thursday after the Wall Street Journal said the bank is about to get fined hundreds of millions of dollars. The newspaper, citing people familiar with ...
As part of a plea agreement, the bank paid US authorities ... Additional undeclared accounts were also identified during the investigation. UBS, which acquired Credit Suisse during a government ...
The investigation is related to Credit Suisse, which UBS acquired after the bank collapsed in 2023. Following a 2014 guilty plea, Credit Suisse allegedly continued to hide accounts of U.S ...