Q4 2024 Earnings Call Transcript February 4, 2025 Operator: Ladies and gentlemen, good morning. Welcome to the UBS Full Year ...
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The Zurich-based bank is in the midst of overhauling its U.S. wealth business with a greater priority on mass affluent clients and lower costs.
Financials is one of the sectors being deemed as winner post Trump’s victory with investors betting on looser regulation and ...
European shares rose as investors focused on quarterly earnings from firms like UBS, BNP Paribas, and Ferrari, amidst ...
Swiss banking giant UBS said Tuesday that it remained on track to substantially wrap up its mega-merger with Credit Suisse by ...
UBS Group AG shares down after reporting $11.6B sales, 7% Y/Y growth & EPS of $0.23, beating consensus. Global Wealth Management's net new assets rose 10% Y/Y.
CEO Sergio Ermotti highlighted the strong fourth-quarter and full-year 2024 performance, with a net profit of $5.1 billion and underlying return on CET1 capital of 8.7%. Ermotti emphasized the ...
UBS made the deepest job cuts in the immediate aftermath of the takeover, with headcount dropping by more than 3,000 in the third quarter of 2023. That pace has slowed since and the workforce declined ...
UBS Group AG reported Tuesday a profit in its fourth quarter, compared to prior year's loss, benefited by increased revenues. The ...
Sergio Ermotti has a U.S. problem. The UBS boss acknowledged as much on Tuesday by releasing some new targets for the ...
By Ariane Luthi ZURICH (Reuters) -Fourth-quarter profit at UBS Group well exceeded forecasts on Tuesday but the lender's ...