UBS on Monday said it will pay $300 million to settle outstanding obligations related to the misselling of mortgage-linked investments by Credit Suisse in the United States.

On Wednesday, UBS (NYSE:UBS) announced a second-quarter net profit of $2.4 billion, more than twice the $1.1 billion recorded a year ago. This improvement was fueled by strong performance in its ...

UBS, the Swiss financial services firm, expects U.S. stocks to rebound in the second half of the year and has raised its year-end forecast for the S&P 500 index. This outlook follows easing trade ...

LONDON, Aug 7 (Reuters) - Swiss lender UBS (UBSG.S), opens new tab will leave the Net-Zero Banking Alliance, following the departure of major British banks Barclays and HSBC, as part of an annual ...

Investing.com -- UBS initiated coverage on Chinese autonomous driving firms Pony.ai and WeRide with Buy ratings, calling them early leaders in the global race to commercialize robotaxi technology ...

Pre-tax profit in the second quarter for UBS’ wealth management franchise in the region increased $117 million to $364 million, or 48% year-over-year. Profit margins for the region were 12.4%.

UBS bets on next-gen talent amid continued advisor exodus The bank's new training initiative aims to add hundreds of advisors as it expands its mass-affluent advice unit, according to Barron's.

Despite prominent case studies and a surge in executive attention, UBS finds the direct, quantifiable financial impact of AI remains limited, stating simply about profits and loss statements, or P ...

UBS gave CEO Ralph Hamers an 11% pay hike in 2022, taking his pay to $13 million. But the Swiss bank cut the bonus pool for its employees by 10% to $3.3 billion.

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UBS has ordered bankers to scale back sales of complex currency derivatives after clients suffered heavy ...

UBS UBS 0.15% Group agreed to pay $300 million to settle outstanding obligations Credit Suisse had committed to in a deal with the U.S. Justice Department over bonds backed by mortgages sold ...

UBS said it maintained a common equity tier one capital ratio of 14.4 per cent in the quarter, above its forecast of 14 per cent, but reiterated its opposition to proposed Swiss regulatory reforms.