UBS quarterly profit disappoints UBS posted a smaller-than-expected quarterly profit as turmoil in financial markets hurt its investment banking and wealth management businesses, with analysts predicting the Swiss bank … Business • 26 Jul 22
UBS shows signs of resilience as Q1 profit rises UBS has today posted its best first-quarter net profit in 15 years with a 17% jump on the back of strong trading, upending expectations for … Business • 26 Apr 22
Most banks narrow UK gender pay gaps Major financial companies collectively narrowed their gender pay gaps last year, but some went into reverse gear, including UBS and Deutsche Bank, a Reuters analysis … Business • 05 Apr 22
UBS reports best annual profit since 2006 UBS has today reported its best annual profit since the global financial crisis, emboldening it to hike share buybacks and set more ambitious profit goals … Business • 01 Feb 22
Santander ordered to pay Orcel €68m after losing court A Madrid court has ordered Santander to pay Italian banker Andrea Orcel €67.8m over an offer to make him CEO which the Spanish bank withdrew, … Business • 10 Dec 21
Irishman Kelleher named as UBS chairman UBS has named former Morgan Stanley President Colm Kelleher as its surprise pick to succeed Axel Weber as chairman of the world's biggest wealth manager … Business • 22 Nov 21
UBS profit jumps as wealth management boom continues Swiss bank UBS has posted a 63% rise in second-quarter net profit, as buoyant markets continued to help the world's largest wealth manager generate higher … Business • 20 Jul 21
Credit Suisse seeks new look or even merger - sources Credit Suisse's top management are under pressure to come up with an overhaul plan for the scandal-hit Swiss bank that could include a potential merger … Business • 25 Jun 21
Santander boss Botin defends Orcel CEO offer in court Santander boss Ana Botin has today defended the bank's actions in a court hearing over the withdrawal of an offer more than two years ago … Business • 19 May 21
Switzerland's UBS first quarter profit up 14% UBS has today posted a 14% rise in first-quarter net profit on record high client activity levels, but the world's largest wealth manager lost some … Business • 27 Apr 21
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
UBS to close one in five Swiss branches Switzerland's biggest bank UBS said today it will close roughly a fifth of its Swiss branches this quarter and start charging negative rates on clients … Business • 12 Jan 21
UBS first European bank to pay out full 2019 dividend UBS shareholders have today approved payment of the second half of its 2019 dividend, making it the first major European bank to pay a full … Business • 19 Nov 20
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
Billionaires' riches reach record highs during pandemic The wealth of the world's dollar billionaires reached record heights despite the global coronavirus crisis, notably thanks to a strong comeback by tech and health … Business • 07 Oct 20
Credit Suisse, UBS favourably placed to handle Covid-19 Economic and financial conditions for the Swiss banking sector have deteriorated markedly due to the Covid-19 pandemic, the Swiss National Bank said today. Business • 18 Jun 20
Profits rise at UBS as wealth division shows resilience The world's largest wealth manager, UBS, has reported a 40% rise in first quarter profit, buoyed by ultra rich clients reshuffling portfolios to cope with … Business • 28 Apr 20
Swiss bank UBS sticks to 2019 dividend plan UBS Group said it intends to pay its 2019 dividend, despite guidance from Swiss markets supervisor FINMA, the Swiss government and international banking groups to … Business • 30 Mar 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 beats forecast with €1.25bn net profit for Q2 UBS has beat forecasts with a $1.4 billion net profit for its second quarter of 2019, as gains in its advisory business softened an investment … Business • 23 Jul 19
7 banks face EU competition fines for forex rigging Barclays, Citigroup, HSBC, JPMorgan and three other banks are set to be fined by EU competition regulators in the coming weeks for rigging the multi-trillion … Business • 10 May 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
Spain's Santander drops Orcel as next CEO, blames pay Banco Santander has said that Italian banker Andrea Orcel would not take over as chief executive after it could not meet his pay expectations, in … Business • 16 Jan 19
Second quarter profits at UBS beat expectations UBS today posted a net profit of 1.3 billion Swiss franc ($1.31 billion) for the second quarter of 2018, beating analyst expectations. Business • 24 Jul 18
UBS warns of changes & staff moves without Brexit deal UBS will press ahead with plans to relocate London staff to EU offices including Frankfurt, with the investment bank saying the lack of a Brexit … Business • 09 Mar 18
