UBS cuts mid-term guidance after missing 2019 targets

2020-01-20

UBS Group AG has cut its mid-term guidance after missing its key targets for 2019. The results come as the Swiss bank UBS, -0.45% UBSG, +0.55%  , one of the world’s largest wealth managers for rich clients, is revamping its investment bank and wealth management arms, shedding jobs and reorganizingRead More →

Why UBS thinks Amazon shares are headed to $2,100

2019-12-19

The headlines are all about President Donald Trump’s impeachment, but the stock markets don’t care. And unless investors begin to think a Republican-controlled Senate will vote to remove him, that attitude won’t change. With just eight trading days left to go in the year, it’s tough to get markets excitedRead More →

UBS Chief Ermotti wants to stay until 2021: report By Reuters

2019-11-17

ZURICH (Reuters) – UBS’s (S:) Sergio Ermotti wants to remain as chief executive of Switzerland’s biggest bank until 2021, Swiss website Finews reported on Monday, citing unnamed sources. There has been speculation about the 59-year-old’s departure date after Chairman Axel Weber said in January the time was right to considerRead More →