UBS Group AG

Paineebber was an American stock brokerage and asset management firm that was acquired by the Swiss bank UBS AG in 2000.

PaineWebber

UBS Group AG is a holding company, which engages in the provision of financial management solutions. It operates through the following segments: Global Wealth Management, Personal and Corporate Banking, Asset Management, Investment Bank, Non-Core and Legacy, and Group Items. The Global Wealth Management segment involves the provision of advice and solutions and offers investment management, estate planning and corporate finance, banking products and services. The Personal and Corporate segment focuses on offering retirement, financing, investments and strategic transactions through its branch network and digital channels. The Asset Management segment consists of capabilities and styles, and advisory support. The Investment Bank segment includes research, advisory services, facilitating clients raising debt and equity from the public, private, and capital markets, cash and derivatives trading. The Non-Core and Legacy segment refers to assets and liabilities prior to the acquisition. The Group Items segment consists of Technology, Corporate Services, Human Resources, Finance, Legal, Risk Control, Compliance, Regulatory and Governance, Communications and Branding, Group Sustainability and Impact, Chief Strategy Office, and Group Treasury. The company was founded on June 29, 1998 and is headquartered in Zurich, Switzerland.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

UBS Chairman Colm Kelleher has called for the Swiss financial industry regulator FINMA to be given more powers after the downfall of Credit Suisse showed the authority lacked sufficient "teeth."

UBS Chairman says Swiss financial regulator needs more teeth

Insiders and investors say the bank's board, headed by Urs Rohner, was ultimately responsible for its fate.

Behind Credit Suisse's Fall: A Chairman's Lasting Mark on the Culture

Strategic acquisitions and a strong capital position support UBS Group AG's (UBS) financials. However, a decline in NII, heightened regulatory supervision and rising costs are concerning.

Strategic Buyouts Aid UBS Group AG (UBS), Legal Hassles Ail

LOS ANGELES--(BUSINESS WIRE)--UBS Private Wealth Management announced today that Mainsail Wealth Partners, an advisor team in the firm's Los Angeles Private Wealth office has been named to the Forbes America's Top 100 Private Wealth Management Teams list for 2023, ranking #7 in the nation. “I'm incredibly proud to see this team recognized as one of the top 10 financial advisor teams in the country,” said Lauren Gorsche, UBS Los Angeles Market Executive. “Their dedication to excellence on behalf.

UBS Financial Advisor Team Mainsail Wealth Partners Named to the Forbes Top 100 Private Wealth Management Teams List

HARTFORD, Conn.--(BUSINESS WIRE)--UBS Wealth Management USA today announced that a four-person advisor team, The Keating group, has joined the firm. The team is led by Financial Advisors Maureen Keating, Michael DeCorleto and Matthew Marques, and also includes Wealth Management Associate Matthew Mardirosian. Together, they manage approximately $700 million in client assets for high-net-worth individuals and families. The Keating Group joins the UBS Greater New England Market and will be located.

$700 Million Advisor Team Joins UBS in Hartford, Connecticut

UBS Group AG (UBS) receives a judgment from a French top court regarding the reconsideration of its $1.95 billion penalty. However, the court continues to uphold its money laundering activities in the country.

UBS Group AG (UBS) to Fight for Reduction in $1.95B Penalty

Credit Suisse

The European Central Bank's chief supervisor on Thursday supported creating global standards for convertible bonds that were wiped out as part of Credit Suisse's rescue by rival UBS earlier this year.

ECB backs global rules for bonds wiped out in Credit Suisse rescue

UBS chief executive Sergio Ermotti voiced optimism on Thursday that the Swiss bank will be able to attract some of the assets that have left Credit Suisse, its former rival it has taken over earlier this year.

UBS CEO: confident it will win back some of Credit Suisse business

UBS Group won't have to pay around $2B after the French Supreme Court partly overturned a previous court decision, but confirmed a ruling that the bank had helped wealthy clients in France evade taxes.

UBS Spared $2B in Penalties

France's top court on Wednesday ruled a new trial should be held over a 1.8 billion-euro ($1.95 billion) fine against UBS for allegedly promoting illegal banking services and money laundering in the country.

France's top court demands new trial over $2 bln UBS fine

UBS CEO Sergio Ermotti said Europe needs stronger banks and that this could be achieved through mergers.

UBS CEO says mergers can help strengthen Europe's banks

HONOLULU & PHOENIX & NEWPORT BEACH and SAN DIEGO, Calif.--(BUSINESS WIRE)-- #BusinessPlanning--To help business owners navigate complex financial transitions, 20 UBS financial advisors in Arizona, Hawaii & SoCal obtained CEPA® certifications.

UBS Financial Advisors show commitment to helping business owners plan a successful exit

MANCHESTER, N.H.--(BUSINESS WIRE)--UBS Wealth Management USA today announced that a four-person financial advisor team, The Hartigan Schehl Group, has joined the firm. The team is led by Financial Advisors Will Hartigan and Steve Schehl, and together, they're responsible for managing more than $700 million in client assets. They join UBS's Northern New England Market, managed by Jad Dieterle, Patrick Henning and Jeff Houdlette, and will be located in the Manchester, New Hampshire office. “Will.

UBS hires $700 million financial advisor team in Manchester, NH

UBS's Chief Executive said the Swiss bank's ability to raise $3.5 billion from the issuance of its first Additional Tier 1 (AT1) bond sale since taking over Credit Suisse was a sign of confidence for UBS and the Swiss financial system.

UBS CEO: AT1 sale a sign of confidence in Swiss financial system

A rise in operating expenses hinders UBS' Q3 earnings. Though the Business divisions' performances have not been so impressive, it managed to report higher revenues.

UBS Q3 Earnings Decline Y/Y on Higher Expenses, Revenues Up

UBS Group AG (NYSE:UBS) has started selling ‘Additional Tier 1' bonds again for the first time since its merger with Credit Suisse Group AG (NYSE:CS) caused the bond market to flail. The demand for the newly created debt instruments could signal renewed investor confidence after the Swiss bank's merger with Credit Suisse sent the market for debt into a spiral when a raft of bonds were written down.

UBS reinvigorates AT1 bond market after major Credit Suisse write-down

UBS started selling Additional Tier 1 (AT1) bonds on Wednesday for the first time since it took over Credit Suisse, in a further sign that confidence has returned after the merger rocked the market for risky bank debt in March.

UBS sells first AT1 bonds since Credit Suisse takeover

UBS on Wednesday began selling Additional Tier 1 (AT1) bonds for the first time since completing the takeover of Credit Suisse.

UBS resumes selling the bonds at the heart of Credit Suisse controversy

UBS Group AG (UBS) Q3 2023 Earnings Call Transcript

First Citizens BancShares

JPMorgan Chase & Co

Unlike most of the industry, 3 banking juggernauts grew stronger during the recent banking crisis. Stock Strategist Andrew Rocco unveils the 3 strongest banks that benefit from acquisitions.

Banking Consolidation: 3 Stocks to Buy Following Key Acquisitions

UBS veterans Rimmel and Pessy emphasize their disciplined process which stresses intergenerational communication with client families.

$2 Billion UBS Wealth Management Team Says A 60/40 Portfolio Is Best

Craig Chiate and Mark Binder say education is a huge part of their team's process and that it allows clients to more easily withstand market volatility.

A $6 Billion UBS Team In LA Serves As A ‘Holistic Center Of Advice'

The Swiss bank recorded its first loss in nearly six years and will take a long time to integrate its once-rival, even as gains materialize.

UBS's Takeover of Credit Suisse Was a Steal. Now Comes the Bumpy Part.

UBS Group AG (NYSE:UBS), the Swiss banking giant, saw its shares soar following a robust third-quarter report, exceeding expectations with a strong underlying operating profit before tax of $844 million. The UBS stock jumped by 4% on Teusday.

Will UBS stock hit $23 following the strong underlying operating profit report?

UBS Group chief executive Sergio Ermotti said it will take months before Switzerland adopts new banking rules to help prevent bank runs and that he did not expect them to put the country at a disadvantage compared to other jurisdictions.

News for UBS Group AG Stock (UBS)