Q4 2024 Management View CEO Sergio Ermotti highlighted the strong fourth-quarter and full-year 2024 performance, with a net profit of $5.1 billion and underlying return on CET1 capital of 8.7%.
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 8.00% of ...
The stock climbed 25% to $104.98 after touching a record high of $106.91 on Tuesday morning, making it the best performer on the S&P 500 and Nasdaq 100. The shares are on pace for their largest ...
American Axle & Manufacturing Hldngs Inc (AXL) stock saw a decline, ending the day at $4.95 which represents a decrease of $-0.28 or -5.35% from the prior close of $5.23. The stock opened at $5.01 and ...
UBS reports 4Q24 net profit of USD 0.8bn and FY24 net profit of USD 5.1bn; proposes USD 0.90 dividend per share and continuation of share repurchases; continuing to invest for long-term growth. 4Q24 ...
Investors have been watching and waiting as President Donald Trump negotiates applying tariffs against Canada, Mexico and China. On Monday, stocks fell after news about tariffs came out over the ...
UBS made the deepest job cuts in the immediate aftermath of the takeover, with headcount dropping by more than 3,000 in the third quarter of 2023. That pace has slowed since and the workforce declined ...
Investment banks are benefiting from volatile markets, but their future profitability hinges on the regulatory backdrop.
UBS shares sank on Tuesday after its CEO warned again about the negative impact of new Swiss capital rules and the bank said ...
UBS Group AG reported Tuesday a profit in its fourth quarter, compared to prior year's loss, benefited by increased revenues. The ...
Shares of the banking giant UBS Group AG (UBS) dropped nearly 6% in pre-market trading, despite reporting strong Q4 profits.
Fourth-quarter profit at UBS Group well exceeded forecasts on Tuesday but the lender's shares fell as its buyback plans, ...