Welcome to our dedicated page for UBS Group news (Ticker: UBS), a resource for investors and traders seeking the latest updates and insights on UBS Group stock.
UBS Group AG (NYSE: UBS) is a global wealth manager and the leading universal bank in Switzerland, and its news flow reflects this broad financial footprint. Company news releases highlight UBS Global Wealth Management activities, including recognition of advisor teams that serve sophisticated, ultra-high-net-worth individuals, families, family offices, endowments and foundations across major US markets and other regions.
Investors following UBS news can expect regular updates on wealth management teams, market leadership appointments and organizational changes within the Group Executive Board and Board of Directors. Recent announcements have covered the appointment of new financial advisors and market executives in US offices, leadership changes in technology, operations, compliance and governance, and the nomination of senior executives to board roles.
UBS also issues regulatory and capital markets news. Filings and media releases describe cash tender offers for outstanding notes, reference yields and total consideration for debt securities, and coupon payments on exchange-traded notes such as the ETRACS Alerian MLP Index ETN Series B. These items are relevant for investors tracking UBS’s funding profile and capital structure.
In addition, UBS communicates on regulatory developments in Switzerland, including consultations on amendments to the Banking Act and Capital Adequacy Ordinance and their potential impact on capital requirements for foreign subsidiaries and other balance sheet items. The firm also reports on integration progress following the acquisition of Credit Suisse, including client migrations and reductions in Non-core and Legacy risk-weighted assets.
Because UBS operates in more than 50 markets and combines wealth management, universal banking, asset management and investment banking, its news covers a wide spectrum of topics. Readers who monitor this page can review official UBS announcements, regulatory disclosures and corporate developments that may influence their understanding of the UBS stock and its strategic direction.
UBS Investment Bank announced the upcoming coupon payments for the ETRACS Alerian MLP Index ETN Series B (AMUB) on various dates. The coupon amount is set at $0.2120 with an annualized current yield of 10.13%. Key dates include valuation on November 16, ex-date on November 27, record date on November 30, and payment on December 8. Investors are advised to review the risks associated with ETNs, as there is no guarantee for coupon payments.
UBS AG announced the Call Settlement Amount for the ETRACS ETN Linked to the Wells Fargo Business Development Company Index, set at $15.2282. This security is scheduled for mandatory redemption on November 27, 2020. The ETN is part of UBS's Medium Term Notes, Series A, and investors are advised to review the prospectus for detailed terms. UBS has filed a registration statement with the SEC for offering exchange-traded securities. Caution is advised due to risks associated with the investment, including the creditworthiness of UBS AG.
UBS Global Wealth Management has launched the Athletes and Entertainers Strategic Client Segment to provide specialized financial advice to clients in sports and entertainment. Led by former professional football player Adewale Ogunleye, the team aims to combat financial mismanagement among athletes and entertainers. The initiative will enhance collaboration with UBS Financial Advisors, focusing on financial literacy and wealth management. UBS emphasizes its adaptability to meet client needs in today's financial landscape, aiming to help clients build generational wealth.
UBS AG has announced the Call Settlement Amount of $85.6837 for its ETRACS Monthly Pay 2xLeveraged S&P Dividend ETN (ticker: SDYL), which is due on May 22, 2042. This amount will be paid to investors on the Call Settlement Date of November 23, 2020. The ETN is part of UBS's Medium Term Notes, Series A. Investors are advised to consult the prospectus and pricing supplements before investing, as they contain essential information pertaining to the risks associated with the securities.
UBS has announced that Sharon Alleman, a Financial Advisor at its Hartford, Connecticut office, has been recognized on the Working Mother and SHOOK Research's Top Wealth Advisor Moms list for 2020. Alleman has been with UBS since 2011, having previously worked with Morgan Stanley. The recognition highlights her dedication to both clients and family, as stated by William A. Cholawa, Market Head at UBS Wealth Management USA. The ranking considers both qualitative and quantitative metrics, including assets under management and revenue generated.
UBS has announced that Paul D'Aiutolo, a Financial Advisor in Hartford, CT, has been recognized in the Financial Times 401 Top Retirement Plan Advisors list for 2020. D'Aiutolo leads a team managing retirement plans for 35,000 participants across several states, focusing on fiduciary services and employee education. His leadership in the National Association of Plan Advisors and his qualifications, including CRPS® and AIF®, bolster his expertise in retirement security. This accolade highlights UBS's commitment to excellence in wealth management.
UBS has announced that Melissa Mirabile, a Financial Advisor in Hartford, Connecticut, has been recognized on Working Mother and SHOOK Research’s Top Wealth Advisor Moms list for 2020. This marks her third year receiving this honor and her first appearance on the Forbes/SHOOK Top Women Advisors list. With 27 years of experience, Mirabile focuses on wealth management strategies and risk management for high net worth clients. The rankings consider qualitative and quantitative measures, including assets under management and revenue generated.
UBS Wealth Management USA celebrates Stephen W. Davis's inclusion in the 2020 Forbes/SHOOK Best-In-State Wealth Advisors list, marking his third consecutive year on the list. With over 27 years of experience, Stephen leads The Davis Group, which focuses on holistic wealth management for diverse clients. The Forbes/SHOOK list evaluates over 4,000 advisors through rigorous criteria, including interviews and revenue performance. The recognition highlights Stephen's commitment to excellent client service, as noted by Branch Manager Louis G. Skertich.
UBS has announced that Greg Mendoza, a Financial Advisor from its Hartford, Connecticut office, has been recognized in the Financial Times 401 Top Retirement Plan Advisors list for 2020. With 20 years of experience, Mendoza specializes in wealth management and retirement plan advisory services. He leads the Integrated Wealth Management Group and has been previously recognized as a top advisor multiple times. This honor reflects his commitment and expertise in serving clients effectively.
UBS Investment Bank has announced coupon payments for seven ETRACS Exchange Traded Notes (ETNs) traded on NYSE Arca, with the upcoming payment dates set for November 20, 2020. The ETNs include SDYL, LMLB, HDLB, SMHB, PFFL, CEFD, and MVRL, each offering varied monthly coupon amounts and current yields, ranging from 6.39% to 17.56%. Notably, these yields are not indicative of future payments, as they depend on underlying asset distributions, which may vary. Investors are advised to review the prospectus for detailed information regarding these ETNs.
FAQ
What is the current stock price of UBS Group (UBS)?
What is the market cap of UBS Group (UBS)?
