UBS names Ireland, India as 'slow' to clear CS deal UBS Group said it had identified at least four countries including Ireland and India as "slow" in granting regulatory approvals which it needs to complete … Business • 19 Sep
UBS to absorb Credit Suisse's domestic bank UBS Group plans to cut 3,000 jobs in Switzerland in the next couple of years, as it offered the first glimpse of how it plans … Business • 31 Aug
UBS CEO warns of painful jobs decisions UBS chief executive Sergio Ermotti has warned of painful decisions about job cuts following the takeover of Credit Suisse, which he said he hoped would … Business • 02 Jun
UBS chief draws up Credit Suisse leadership shortlist UBS Group's chief executive Sergio Ermotti has shortlisted the Credit Suisse Group executives most likely to become part of the management team. Business • 08 May
UBS aims to close Credit Suisse deal by May or June UBS chief executive Sergio Ermotti said today that the Swiss bank was working on closing its merger with Credit Suisse by the end of May … Business • 03 May
Bonuses cancelled or reduced for Credit Suisse managers Switzerland has instructed Credit Suisse to cancel or reduce all outstanding bonus payments for the top three levels of management and examine whether already those … Business • 05 Apr
UBS rehires Ermotti as CEO to steer Credit Suisse deal UBS Group has rehired Sergio Ermotti as CEO to steer its massive takeover of neighbour Credit Suisse - a surprise move that seeks to take … Business • 29 Mar
UBS reaps rich rewards from pandemic trading frenzy UBS has today posted a 137% rise in fourth-quarter net profit, as high levels of client activity helped the world's largest wealth manager end 2020 … Business • 26 Jan 21
Third quarter profit doubles at Swiss bank UBS UBS has posted a 99% jump in third-quarter profit as heavy turnover in global markets helped the bank to a strong performance in investment banking … Business • 20 Oct 20
Swiss bank UBS posts 16% drop in Q3 net profit UBS, Switzerland's biggest bank, has today posted a $1.049 billion net profit for the third quarter of 2019 as it slims its investment bank and … Business • 22 Oct 19
UBS posts Q4 pre-tax profit miss, sees bumpy road ahead UBS has today posted a $862m fourth-quarter pre-tax profit, hit by a slowdown in its flagship wealth management business and weaker earnings in its investment … Business • 22 Jan 19
UBS boosts Q1 earnings thanks to strong investment bank UBS, Switzerland's biggest bank, today posted a 19% rise in first-quarter net profit, helped by higher income from its investment bank amid a pickup in … Business • 23 Apr 18
UBS shareholders set for bigger payout UBS, Switzerland's biggest bank, has proposed an increased dividend and new share buyback programme despite a hefty writedown from a tax overhaul in the US. Business • 22 Jan 18
German banker to become head of UBS wealth management Veteran German banker Martin Blessing will replace Juerg Zeltner as the head of UBS's market-leading wealth management business at the turn of the year, Switzerland's … Business • 14 Dec 17
UBS CEO says London jobs could go to Frankfurt, Madrid Swiss bank UBS is considering whether to move banking jobs in London to Frankfurt, Madrid or Amsterdam to cope with Britain's planned departure from the … Business • 10 Jul 17
Wealth management turnaround boosts UBS A long-awaited turnaround in UBS's wealth management business helped Switzerland's biggest bank deliver its second-best start to a year since the financial crisis. Business • 28 Apr 17
Switzerland's UBS cuts its bonus pool by 17% UBS cut its bonus pool by 17% in 2016 to 2.9 billion Swiss francs ($2.9 billion) after full-year net profit almost halved at Switzerland's biggest … Business • 10 Mar 17
