Edition:
United Kingdom

UBS Group AG (UBSG.S)

UBSG.S on Virt-X Level 1

16.02CHF
23 May 2018
Change (% chg)

CHF-0.29 (-1.81%)
Prev Close
CHF16.32
Open
CHF16.27
Day's High
CHF16.27
Day's Low
CHF15.94
Volume
15,652,716
Avg. Vol
12,574,285
52-wk High
CHF19.76
52-wk Low
CHF15.23

Latest Key Developments (Source: Significant Developments)

UBS says sees no issue in increasing RWA for right returns
Monday, 23 Apr 2018 

April 23 (Reuters) - UBS Group AG executives in a call with analysts and journalists on Monday said::LOOKING AHEAD, MOMENTUM IS POSITIVE.EXPECT PRE-TAX PROFIT IN ASSET MANAGEMENT TO REMAIN AROUND CURRENT LEVELS IN COMING QUARTERS.CONFIDENT WILL TAKE COST/INCOME RATIO BELOW 75 PERCENT.AIMING TO INCREASE EFFICIENCY IN WEALTH MANAGEMENT, AIMING FOR WEALTH MANAGEMENT COST/INCOME RATIO BELOW 70 PERCENT IN COMING YEARS.WITH REGARDS TO INVESTMENT BANKING, HAVE NO PROBLEM INCREASING RISK-WEIGHTED ASSETS IF THE RETURNS ARE AS SEEN IN Q1.DISCUSSING BACK-OFFICE COOPERATION WITH OTHER BANKS IN SWITZERLAND AND INTERNATIONALLY.  Full Article

UBS says issued dual-tranche 2.5 bln euro senior benchmark transaction
Thursday, 19 Apr 2018 

April 19 (Reuters) - UBS Group AG ::SAYS HAS ISSUED A DUAL-TRANCHE EUR 2.5 BILLION SENIOR BENCHMARK TRANSACTION.SAYS transaction CONSISTS OF A 3-YEAR EUR 1.25 BILLION FLOATING RATE NOTE MATURING ON 23 APRIL 2021 AND A 4.8-YEAR EUR 1.25 BILLION FIXED RATE NOTE MATURING ON 23 JANUARY 2023.  Full Article

UBS To Redeem $1.5Bn Tier 2 Subordinated Notes on May 22
Friday, 6 Apr 2018 

April 6 (Reuters) - UBS Group AG ::UBS SAYS INTENDS TO REDEEM THE TOTAL OUTSTANDING USD 1.5BN TIER 2 SUBORDINATED NOTES (ISIN: CH0214139930) (THE "NOTES") ON 22 MAY 2018, THE FIRST OPTIONAL REDEMPTION DATE.  Full Article

UBS CFO: 2 bln Sfr a 'starting point' for share buyback programme
Monday, 22 Jan 2018 

Jan 22 (Reuters) - Ubs Group Ag ::CEO SAYS COMFORTABLE REMAINING LITIGATION ISSUES MANAGEABLE, BUT WILL TAKE TIME TO RESOLVE‍​.CEO SAYS DISCIPLINED EXECUTION REMAINS OUR NUMBER ONE PRIORITY.CEO SAYS WILL LIKELY MAKE SMALL ACQUISITIONS IN WEALTH MANAGEMENT TO EXPAND POSITION IN ATTRACTIVE REGIONS AND SEGMENTS.CFO SAYS EXPECTS ROUGHLY 500 MILLION SFR RESTRUCTURING COSTS IN 2018.CFO SAYS STARTING POINT FOR SHARE BUYBACK PROGRAMME IS 2 BILLION SFR BUT WOULD EXPECT TO CONSIDER MORE GOING FORWARD.  Full Article

UBS CEO says expects volatility to increase in H2 - CNBC‍​
Monday, 22 Jan 2018 

Jan 22 (Reuters) - UBS Group Ag CEO says on CNBC::EXPECTS VOLATILITY TO INCREASE IN 2ND HALF OF 2018 ‍​.NOT COMFORTABLE WITH CURRENT GEOPOLITICAL EVENTS.  Full Article

UBS Announces Changes To Group Executive Board
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - UBS Group Ag ::UBS ANNOUNCES CHANGES TO GROUP EXECUTIVE BOARD.UBS GROUP AG-MARTIN BLESSING, CURRENTLY PRESIDENT PERSONAL & CORPORATE BANKING AND PRESIDENT UBS SWITZERLAND, WILL BECOME PRESIDENT WEALTH MANAGEMENT.UBS GROUP AG -AXEL LEHMANN, CURRENTLY GROUP COO, WILL SUCCEED MARTIN BLESSING AS PRESIDENT PERSONAL & CORPORATE BANKING AND PRESIDENT UBS SWITZERLAND.  Full Article

Ex-associate director of UBS AG's Hong Kong branch gets 3-1/2-year imprisonment for bribery - ICAC
Thursday, 16 Nov 2017 

Nov 16 (Reuters) - Hong Kong Independent Commission Against Corruption:Says Tu Bing, ex-associate director of UBS AG Hong Kong branch, gets three and a half years imprisonment for HK$1.46 million ($186,980.52) bribery.  Full Article

Hong Kong's ICAC charges ex-associate director of UBS for bribery
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Hong Kong Independent Commission Against Corruption:Says charges former associate director of UBS AG Hong Kong branch for accepting bribes.Says the ex-associate director was guilty of HK$1.46 million ($187,100.33) bribery.  Full Article

Swiss watchdog alters capital rules for big banks
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Swiss banking supervisor FINMA says::Swiss supervisor finma says - large banks: new capital adequacy treatment of holdings in subsidiaries, and update on recovery and resolution planning.Swiss supervisor finma says changing the way in which holdings in subsidiaries are treated when calculating capital adequacy requirements for switzerland's two large banks, credit suisse and ubs.Swiss supervisor finma says the changes will take effect retroactively as of 1 july 2017.Swiss supervisor finma says also providing information on the rebates granted to the two large banks in recognition of implemented measures to improve their global resolvability.Swiss supervisor finma says given their progress so far, finma sees the rebates as justified and has granted approximately one-third of the maximum rebate to both banks.  Full Article

UBS CEO says too early to talk about share buyback
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Ubs Group AG :UBS CEO says too early to talk about share buyback - Bloomberg TV.  Full Article

Swiss stocks - Factors to watch on May 24

ZURICH, May 24 The Swiss blue-chip SMI was seen opening 0.3 percent higher at 8,817 points on Thursday, according to premarket indications by bank Julius Baer .