UBS's CEO on Tuesday said the majority of job cuts in its home market, Switzerland, will start from around the end of the ...
It is the Swiss banking giant's first earnings report in the black since it completed the acquisition of fallen rival Credit ...
UBS has reported its first quarterly profit since taking over Credit Suisse as the Swiss lender begins to reap the benefits of rescuing its former rival. The group on Tuesday reported $1.8bn in net ...
UBS Group AG Chief Executive Officer Sergio Ermotti’s 14.4 million Swiss franc ($15.8 million) pay for last year is justified on the basis of his success in the work so far to integrate Credit Suisse, ...
“This is a testament to the strength of our client franchises and progress on our integration plans,” UBS CEO Sergio Ermotti ...
Norway's sovereign wealth fund has backed UBS' plan to make its Additional Tier 1 (AT1) bonds, a form of debt, more appealing ...
In its outlook, UBS however signaled that the turning central-bank rate environment is beginning to impact earnings from lending. The bank expects a “low to mid single-digit decline” in net interest ...
Swiss Finance Minister Karin Keller-Sutter said she was concerned about the level of compensation paid out to executives such as Sergio Ermotti ... not just UBS and its CEO.
The final chief executive of Credit Suisse, Ulrich Körner, is set to leave UBS in the coming weeks, as the Swiss bank prepares to complete a crucial step in the integration of its former rival.
UBS executives on Wednesday told shareholders that the bank has major concerns about the Swiss government's recently ...
A year after the failure of Credit Suisse, the Swiss government says UBS may have to find as much as $27 billion to absorb ...
Switzerland's largest bank has very ambitious cost savings targets. They look good on paper but could become a burden if the ...