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UBS Group AG - UBS STOCK NEWS

Welcome to our dedicated news page for UBS Group (Ticker: UBS), a resource for investors and traders seeking the latest updates and insights on UBS Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect UBS Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of UBS Group's position in the market.

News
UBS reports strong flows, significant integration progress and accelerated wind-down of non-core assets in 3Q23 (Ad hoc announcement pursuant to Article 53 of the SIX Exchange Regulation Listing Rules)
Rhea-AI Summary
UBS reports a profit before tax of USD (255m) due to integration-related expenses. However, underlying profit before tax is USD 844m, showing positive operating leverage at the Group level. The Global Wealth Management division saw net new money of USD 22bn, driven by asset win-back, new clients, and share-of-wallet gains. Net new deposits of USD 33bn were recorded across GWM and Personal and Corporate Banking, with USD 22bn from Credit Suisse clients. UBS released approximately USD 1bn of CET1 capital through the accelerated wind-down of Non-core and Legacy assets, reducing RWA by USD 6bn and LRD by USD 52bn sequentially. The bank maintains a balance sheet with a 14.4% CET1 capital ratio and USD 195bn of total loss-absorbing capacity. USD 3bn in gross run-rate saves have been achieved in 9M23 vs. FY22, with further progress expected in 4Q23.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.34%
Tags
none
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News
UBS Celebrates 15th Year as Presenting Sponsor of Art San Diego
Rhea-AI Summary
UBS to serve as presenting sponsor for Art San Diego in 2023, showcasing works by international, national, and local artists. US art market experiencing robust recovery, with sales increasing by one third in 2021 to $28.0 billion. Growth continued in 2022 with a further increase of 8% to $30.2 billion. UBS supports contemporary art and artists through its Art Collection.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.02%
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none
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News
UBS Advisor Team ViewPoint Partners Named to Barron’s Top 100 Private Wealth Management Teams List
Rhea-AI Summary
UBS Private Wealth Management's ViewPoint Partners and Private Wealth Advisors Hillary Cullen, James Coan, and Aileen Schruth have been named to the Barron's Top 100 Private Wealth Management Teams list for 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.34%
Tags
none
News
UBS Hires Advisor Team of Four in Washington, D.C.
Rhea-AI Summary
UBS announces that The Charles Drew Group, a four-person advisor team, has joined the firm in Washington, D.C.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.37%
Tags
management
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News
Patrick K. McBrien joins UBS Private Wealth Management in New York City
Rhea-AI Summary
UBS announces the addition of Patrick K. McBrien as a Managing Director and Private Wealth Advisor in New York City.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.37%
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none
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News
Mandy Ho Joins UBS Private Wealth Management in Bellevue, WA
Rhea-AI Summary
UBS Private Wealth Management welcomes Mandy Ho as a Relationship Manager in Bellevue, WA.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.71%
Tags
none
News
Timothy McNutt and Narayan Pallavur Join UBS Wealth Management in Westlake Village, California
Rhea-AI Summary
UBS Wealth Management USA welcomes two new advisors to their Westlake Village office.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.6%
Tags
none
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News
Twelve UBS advisors in Florida named to Forbes Top Next-Gen Wealth Advisors Best-In-State list
Rhea-AI Summary
UBS Wealth Management USA announces 12 Florida-based financial advisors named to Forbes Top Next-Gen Wealth Advisors Best-In-State list for 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.51%
Tags
none
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News
Advisor team The Betesh Group joins UBS in New York City
Rhea-AI Summary
UBS Wealth Management USA announces the addition of two Financial Advisors, Morris and Irving Betesh, to their team in New York City. The team brings over 80 years of investment experience and manages $780 million in client assets. They will be located at UBS's New York City office and will focus on providing customized solutions to clients.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.37%
Tags
none
News
Matt Burton joins UBS Wealth Management in Indianapolis
Rhea-AI Summary
UBS Wealth Management USA welcomes Matt Burton as Managing Director and Financial Advisor
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.12%
Tags
none
Stock UBS logo
UBS Group AG

NYSE:UBS

UBS Rankings

#129 Ranked by Market Cap
#420 Ranked by Stock Gains
#1722 Ranked by Dividends

UBS Stock Data

92.92B
3.19B
0.05%
57.98%
0.37%
Commercial Banking
Finance and Insurance
Link
Switzerland
Zuerich

About UBS

UBS Group AG is a multinational investment bank and financial services company founded and based in Switzerland. Co-headquartered in the cities of Zürich and Basel, it maintains a presence in all major financial centres as the largest Swiss banking institution and the largest private bank in the world.