Culture
UBS CEO Ermotti underlines his desire for internal successor
The bank is currently putting together the right candidates for the new leadership, he says UBS CEO Sergio Ermotti hopes his successor…
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UBS
Culture
Goldman, JPMorgan and UBS lead Golden Goose’s buyout debt
Temasek Holdings will take a minority stake in the Italian high-end sneaker producer Goldman Sachs, Group JPMorgan Chase and UBS Group are…
Culture
UBS rejects proposed Swiss bank rules, moots less costly alternatives
The lender warns the proposal would add huge costs and threaten the continuation of its successful business model UBS on Monday (Jan 12)…
Culture
CK Hutchison is said to pick Goldman Sachs, UBS for Hong Kong-London IPO of Watson Group
CK Hutchison Holdings has picked Goldman Sachs and UBS Group to work on the planned initial public offering (IPO) of global health and…
Culture
HSBC veteran James Cheo to join UBS in senior Apac role
Cheo will be based in Singapore and report directly to Tan Min Lan, head of CIO Apac Banking veteran James Cheo will join UBS from HSBC in…
Culture
UBS plans January job cuts to kick off final year of integration
UBS Group is set to begin its latest wave of job cuts in mid-January, according to people familiar with the matter. That step will be…
Culture
UBS may cut further 10,000 jobs by 2027: report
The bank has been cutting jobs as a result of the integration of former rival Credit Suisse UBS may cut an additional 10,000 jobs by 2027,…
Culture
UBS joins list of star tenants in GIC-backed Mumbai tower: sources
The bank will move staff to the Altimus, a building jointly owned by GIC and India’s K Raheja UBS Group is taking up new office space in a…
Culture
Swiss National Bank likely intervening to weaken franc: UBS
The Swiss National Bank (SNB) is probably stepping into the market to weaken the franc, according to economists at UBS Group. “Current…
Culture
UBS reshuffles leadership as Credit Suisse integration nears end
Lender is in the middle of a battle with the Swiss government over how much capital it needs to set aside to prevent a similar crisis UBS…
Culture
UBS launches pilot for new AI tool aimed at boosting productivity of advisers
Minister Josephine Teo says this development aligns with Singapore’s push to be a leading financial hub in the region UBS, on Monday (Oct…
Culture
UBS boosts payouts for US wealth advisers amid intense hiring battle
The move comes after UBS lost several high-profile US wealth adviser teams to rivals or independence UBS Group is raising the payouts…
Business
China to have 300,000 driverless taxis in 4 top-tier cities by 2030: UBS
China is likely to see 300,000 driverless cabs operate in its four top-tier cities as early as 2030, buoyed by advancements in artificial…
Culture
UBS pays US$300 million to settle Credit Suisse mortgage case
Group said it reached an agreement with the US Department of Justice to resolve a legacy Credit Suisse matter related to the former bank’s…
Culture
UBS loses EU fight over Credit Suisse’s role in ‘Sterling Lads’, but fine cut sharply
The tribunal cut the amount of the fine from 83.2 million euros to 28.9 million euros Group lost the crux of its case against European…
Culture
Credit Suisse, UOB, UBS, Citi among 9 financial institutions penalised S$27 million for roles in S$3b money laundering case
Nine financial institutions (FIs) in Singapore have been penalised a total of S$27.5 million for anti-money laundering related breaches,…
Culture
Credit Suisse, UOB, UBS, Citi among 9 financial institutions penalised S$27.5 million for roles in S$3b money laundering case
Nine financial institutions (FIs) in Singapore have been penalised a total of S$27.5 million for anti-money laundering (AML) related…
Culture
AI, power, and longevity to drive next decade of transformational innovation: UBS
Investors should consider allocating part of their portfolios to transformational innovation as a way to diversify risks in an…
Culture
UBS kicks off share buyback programme of up to US$2 billion
Group is launching a programme to repurchase as much as US$2 billion worth of its own shares, it said in a release on Monday (Jun 30). The…
Culture
UBS downgrades Thai stocks to neutral as political woes weigh
Group strategists downgraded Thai stocks to neutral from overweight, citing recent political uncertainty which could impact policy…
Culture
UBS faces tough new Swiss banking sector rules
The Swiss government on Friday (Jun 6) proposed stricter rules for UBS following its takeover of Credit Suisse, which could make it hold…
Culture
UBS to sell hedge fund unit O’Connor to Cantor Fitzgerald
The deal includes “O’Connor’s six investment strategies” with about US$11 billion in assets under management Group’s asset management…
Culture
Apac family offices favour developed market equities, bonds: UBS report
Family offices (FOs) in the Asia-Pacific favoured equities and bonds from developed markets in 2024 and plan to increase their strategic…
Culture
UBS to open Abu Dhabi office as more clients move to Mideast
Abu Dhabi has emerged as a magnet for the world’s wealthiest people over the past few years Group is opening a new office in Abu Dhabi as…