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UBS Group AG, also called UBS, is a holding company, which engages in the provision of financial management solutions. It operates through the following segments: Wealth Management; Wealth Management Americas; Personal and Corporate Banking; Asset Management; Investment Bank, and Corporate Center. Read More The Wealth Management segment advises and offers financial services to wealthy private clients except those served by Wealth Management Americas which include banking and lending, wealth planning, and investment management. The Wealth Management Americas segment provides advice-based solutions through financial advisors. The Personal and Corporate segment offers financial products and services to private, corporate, and institutional clients in Switzerland. The Asset Management segment consists of investment management products and services; platform solutions and advisory support to institutions; wholesale intermediaries, and wealth management clients. The Investment Bank segment comprises investment advice, financial solutions, and capital markets access among corporate, institutional, and wealth management clients. The Corporate Center segment is involved in the services, group asset and liability management and non-core and legacy portfolio. The company was founded on June 29, 1998 and is headquartered in Zurich, Switzerland.
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Citi, JPMorgan, UBS Face Forex Cartel Class Action in Australia
(Bloomberg) -- Citigroup Inc., Royal Bank of Scotland Group Plc and JPMorgan Chase & Co. are among five banks named in a class action lawsuit in Australia seeking damages for colluding on foreign-exchange trading strategies. UBS Group AG and Barclays Plc were also named in the suit lodged Monday in the Federal Court by Maurice Blackburn Lawyers. The action claims the banks colluded to rig foreign exchange rates, boosting profits at the expense of Australian businesses and investors, the law firm said in a ...
Yahoo FinanceMay 25
UBS Down 10.5% Since Last Earnings Report: Can It Rebound?
A month has gone by since the last earnings report for UBS (UBS). Shares have lost about 10.5% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is UBS due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. UBS Group’s Q1 Earnings Decline Y/Y on Lower Revenues Scroll to...
Expected Jul 23