Goldman Selectively Constructive on European Banks -- Market Talk
Trump's rise to power disappoints ESG investors UBS Wealth Management believes concerns have been exaggerated
UBS Global Wealth Management said Donald Trump's return to the White House is unlikely to weaken environmental, social, and governance (ESG) investments. Strategists, including Amantia Muhedini, said in a customer report that although traditional ESG stocks such as solar and wind energy were suddenly sold off after Trump won the election on November 5, long-term demand for continued investment in fields from renewable infrastructure to electrification will remain strong. “Leaving politics and geopolitics aside, the economic prospects for renewable energy, electrification, and infrastructure remain attractive, and long-term demand is visible,” they
UBS Plans Wealth Business Shake-Up to Boost Affluent Client Outreach
Three UBS Advisor Teams Named to the Forbes America's Top Wealth Management Teams Private Wealth List
UBS Announces Call Settlement Amounts for Seven ETNs
UBS Group is restructuring its wealth management department in the USA to drive growth.
In order to improve profitability in the USA market, which is crucial for its growth plans, UBS Group has made structural adjustments to its wealth management division in the USA. According to a memorandum sent to employees by Rob Karofsky and Michael Camacho, the heads of the USA wealth management business, the business will shift from two departments to four regional departments, along with an international client team and a consulting center. UBS is seeking to obtain a broader banking business license in the USA. In addition to the immediate integration of Credit Suisse, CEO Sergio Ermotti is also focusing on expansion in the USA.
Sector Update: Financial Stocks Mixed Tuesday Afternoon
Sector Update: Financial
UBS Reorganizes US Wealth Management Unit in Growth Push
Top Midday Stories: Oracle Fiscal Q2 Results Miss Estimates; Boeing Resumes 737 MAX Production
Street Color: UBS Splitting US Wealth Business in Six Divisions, The Wall Street Journal Says
UBS Extends Its U.S. Wealth Arm to Serve More Than Just the Ultrarich -- WSJ
UBS Restructures U.S. Wealth Arm to Lift Profit Margins, Narrow Gap With Rivals, Memo Says -- WSJ
UBS Also Seeking U.S. Banking Charter to Increase Offerings Like Loans and Checking Accounts, Memo Says -- WSJ
UBS Will Search More Business With Mass Affluent, High-Net-Worth Individuals in U.S., Memo Says -- WSJ
UBS CEO Warns Markets Risk Being Rattled by Tariffs, Politics
Market Chatter: China Asks Global Investment Banks to Speed up Listings of Mainlnd Firms on Hong Kong Exchange
The swiss franc authorities' investigation into Credit Suisse is about to be announced, and the future regulation on ubs group may further increase.
Switzerland is about to announce a landmark political investigation into the reasons behind Credit Suisse's bankruptcy in 2023, and the report may hold parties accountable for the crisis and set the tone for future regulation of UBS Group.
ubs group: cnbm's buyback brings positive surprises, and it is expected that investors will respond positively.
UBS Group released a research report stating that cnbm (03323) has brought a positive surprise through repurchases. The company plans to repurchase approximately 0.841 billion H shares, at a price of 4.03 Hong Kong dollars per share. If the offer is fully accepted, the total amount involved would be approximately 3.392 billion Hong Kong dollars. The bank pointed out that considering the substantial repurchase amount and reasonable repurchase premium, it is expected that investors will react positively to the potential repurchase of cnbm. Although cnbm has not disclosed detailed plans for the repurchase funds, it is anticipated that the company's state-owned background will ensure a more abundant source of funds for the repurchase.
Catalyst Watch: Goldman Sachs Finance Conference; Adobe, CostCo Earnings