UBS CEO not overly concerned about US tariffs

Ermotti on tariff impact, 'I am not overly concerned' Keystone-SDA Listen to the article Listening the article Toggle language selector Select your language Close English (US) English (British) Generated with artificial intelligence. Close Share …

Advisor drop doesn't hinder asset flows in UBS' first quarter

Though some UBS advisors walked out the door, net new assets year over year streamed into the wirehouse's Americas wealth division. UBS reported in an earnings call Wednesday that net new assets coming into its wealth business in the U.S., Canada and …

UBS Americas Advisor Base Drops Amid U.S. Wealth Restructuring

UBS reported a slight decline in Americas-based advisors since the end of last year as it undergoes a multi-year effort to restructure its U.S. wealth division to better meet client needs, according to company comments on first-quarter earnings. UBS …

Bitwise’s Matt Hougan predicts Merrill Lynch, Morgan Stanley, Wells Fargo and UBS will enter Bitcoin this year

According to Bitwise CIO Matt Hougan, the big four U.S. wirehouses—Merrill Lynch, Morgan Stanley, Wells Fargo, and UBS, which collectively manage over $10 trillion in client assets—could open full access to spot Bitcoin exchange-traded funds (ETFs) before …

UBS beats profit forecast but warns on ‘unpredictable’ tariff effects

Swiss banking giant UBS posted on Wednesday a better-than-expected net profit for the first quarter but warned of a “particularly unpredictable” outlook for the economy due to US tariffs. UBS, which is still in the process of fully absorbing rival Credit …

UBS capital mystery raises thorny buyback dilemma

In June Switzerland should signal whether the bank must hold $25 bln more equity, though a final law may take years. In the meantime, UBS has to decide whether to hoard capital and calm politicians, or buy back more shares to soothe shareholders. It may …

UBS posts profit beat but 'material risk' from Trump tariffs darkens outlook

The three keys USB logo is seen outside the London office of Swiss bank UBS in central London, on March 20, 2023. Daniel Leal | AFP | Getty Images wiss giant UBS on Wednesday beat bottom line expectations amid sharp returns in investment banking while …

UBS had 'okay-ish' start to Q2 but uncertainty could impact client activity- CFO says

By Stefania Spezzati and Ariane Luthi LONDON (Reuters) -Swiss bank UBS had an "okay-ish" start to the second quarter due partly to market volatility induced by U.S. tariffs, but if increased uncertainty persists it "will have an impact on …

UBS, Barclays and SocGen reap trading windfall from market turmoil

UBS traders aid profit beat as Ermotti warns on tariffs

(Bloomberg) — UBS Group AG’s (UBS) markets unit posted a record performance as geopolitical turmoil spurs volatility that the bank says is set to continue. Most Read from Bloomberg Net income for the three months to March came in at $1.7 billion, beating …