UBS Financial News

17.07 / 16:21

COST Landmark BlackRock UBS AI can expose ‘very real’ ESG risks, says UBS exec

The global head of ESG research at UBS Group’s investment bank says AI has the potential to expose risks that would otherwise remain hidden, putting asset managers in a better position to comply with increasingly tough regulations.

17.07 / 10:13

Reuters Strategy UBS AXA Credit Suisse Ltd appoints Daniel Hunziker as Head of Corporate Banking while Andreas Gerber takes a break

leadership within its Corporate Clients area. Daniel Hunziker, who currently serves as the Head of Institutional Clients and is a member of the Executive Board, will now also take over the leadership of the Corporate Clients business, effective immediately, in addition to his current role. Also read: Insurer Swiss Re nominates new chairman after Sergio Ermotti resigns to lead UBS The appointment of Daniel Hunziker comes as Andreas Gerber, the current Head of Corporate Banking and a member of the Executive Board at Credit Suisse (Switzerland) Ltd., would be departing from the company.

17.07 / 07:53

UBS audit EY scores major audit contract after UBS-Credit Suisse merger

EY will stay on as UBS's auditor after its Credit Suisse takeover, according to reports, as the Big Four firm scores one of the highest value contracts in the banking sector.

17.07 / 04:57

Software LinkedIn Enterprise UBS Patterson Corporate Travel seeks fourth CFO in four years

Corporate Travel Management will employ its fourth chief financial officer in as many years, following the resignation of another top number cruncher from the $2.9 billion business travel specialist.

16.07 / 11:27

UPS Target Digital Software Pool UBS Luck and the street smile on Jumbo Interactive

Lotteries, just like everything else, are getting more expensive. In May, the price of a Powerball entry went up for the first time since 2018.

16.07 / 10:05

UPS Gap UBS Credit Suisse inquiry will keep files secret for 50 years: Paper

Credit Suisse will keep its files closed for 50 years, newspaper Aargauer Zeitung reported, triggering concerns among Swiss historians. The investigating commission will hand over its files, which include witness statements and documents to the Swiss Federal Archives after a much longer gap than the usual 30 years, the paper said.

16.07 / 07:23

UPS Gap Compilation Aldi UBS Woolworths, Aldi winning the supermarket wars: suppliers

Coles has narrowed the gap with Woolworths, but the dominant retailer is still performing better than its smaller rival, according to a major survey of consumer goods suppliers compiled by analysts at UBS.

16.07 / 05:37

PwC UBS Takeover UBS to retain EY as auditor after Credit Suisse takeover: Report

UBS Group has decided to retain EY as its external auditor, enlarging its role to include Credit Suisse's accounts from 2024, the Financial Times reported on Sunday, citing people with knowledge of the decision. The size of the contract will require the Big Four accounting firm to call in staff from other countries to work on the audit, two people told the FT.

16.07 / 05:31

PwC UBS Takeover Ft UBS to retain EY as auditor after Credit Suisse takeover- FT

(Reuters) — UBS Group has decided to retain EY as its external auditor, enlarging its role to include Credit Suisse's accounts from 2024, the Financial Times reported on Sunday, citing people with knowledge of the decision.

16.07 / 01:41

CEO Citigroup UBS Trading Places: A&O boss resigns, UBS names markets leaders, new Lord Mayor revealed

Allen & Overy managing partner Gareth Price resigned from the firm in a shock move ahead of its multibillion-dollar merger with US firm Shearman & Sterling. The law firm said on 13 July that Price had resigned “for personal reasons” after more than three years leading the firm.

15.07 / 15:37

UPS Gap Strategy UBS Credit Suisse inquiry will keep files secret for 50 years

By John Revill

14.07 / 21:11

UPS DOW Citigroup UBS week Stock market today: Dow wraps up best week since March as earnings season begins

Investing.com — The Dow closed higher Friday, wrapping up its best weekly gain since March as Wall Street banks lifted the curtain on the quarterly earnings season, with mostly better-than-expected results.

14.07 / 18:33

COST Manufacturing Chase UBS Volume gain, price pain ahead for cement companies

₹355, lower than ₹358 in previous quarter and ₹365 a year ago, as per Motilal Oswal Financial Services data. According to analysts, companies are chasing volumes amid strong demand, and the quest for market share is putting pressure on prices. Analysts expect no significant improvement in per-tonne profitability of cement manufacturers, even though lower energy costs cushion operating profits.

14.07 / 17:15

Microsoft JPMorgan BlackRock UBS AT&T Nokia Midday movers: JPMorgan, AT&T, Nokia and more

Investing.com — U.S. stocks rose on Friday, ending a strong week on a positive note following healthy results from some of the country’s leading banks and a stronger-than-expected reading on consumer sentiment for July.

14.07 / 13:51

CEO Citigroup UBS Trading Places: A&O boss resigns, UBS names markets leaders, new Lord Mayor revealed

14.07 / 12:47

Citi Microsoft JPMorgan coinbase UBS AT&T Stocks making the biggest moves premarket: AT&T, Microsoft, JPMorgan, Citi and more

Check out the companies making headlines in premarket trading.

14.07 / 09:45

UPS Booking CEO Exodus UBS Credit Suisse bleeds bankers, UBS saves on payouts

The exodus of talent from Credit Suisse’s investment bank has been higher than UBS expected, as rivals have made opportunistic moves to hire senior bankers and their teams.

13.07 / 12:53

Disney JPMorgan coinbase UBS PepsiCo Delta fall PepsiCo, Walt Disney, Delta rise premarket; Carvana, Coinbase SoFi fall

Investing.com — U.S. futures traded higher Thursday, continuing the recent positive sentiment ahead of the latest data on producer prices, with investors looking for more clues guiding future Federal Reserve monetary policy.

13.07 / 10:19

COST Provident CEO UBS Haynes Morgan Stanley palms off clients with less than $1m to Ord Minnett

Morgan Stanley Wealth Management wants to focus on Australia’s wealthiest individuals, with stockbroker Ord Minnett to take on the bank’s less-wealthy clients.

13.07 / 10:19

UPS UBS Albemarle Macquarie valuation Macquarie stands by its valuation of Patriot Battery Metals

Macquarie analysts are standing by their valuation of Patriot Battery Metals, the ASX-listed lithium play that has come under attack from an activist short seller in the United States.

13.07 / 10:19

COST UPS Aviat UBS Viva Energy flags up to $60m earnings hit on Geelong refinery troubles

Viva Energy’s earnings will be crunched by costs and production challenges linked to prolonged maintenance at its troubled flagship Geelong refinery.

UBS Financial News

popular questions about UBS

What is UBS and why is it relevant?

Where can I find the latest updates on UBS?

How can I verify the accuracy of information on UBS?