UBS quarterly profit smashes expectations, US$3 billion buyback unveiled
UBS Group, Switzerland’s largest bank, on Tuesday (Feb 4) posted net income of US$770 million for the fourth quarter of 2024, trouncing forecasts. Read more at The Business Times.
Swiss giant UBS posts fourth-quarter profit beat, reveals up to $3 billion buyback
Swiss banking giant UBS on Tuesday posted $770 million in fourth-quarter net profit, compared with a mean forecast of $886.4 million in a LSEG poll of analysts and with a $483 million estimate in a company-provided estimate.
UBS underwhelms with Q4 profit beat, buyback plan
Shares in UBS fell sharply on Tuesday despite the Swiss banking group beating forecasts with its fourth-quarter profits and announced plans to buy back $3bn of stock.
UBS Plans $3 Billion Buyback as It Awaits Swiss Capital Rule
UBS Group AG said it aims to buy back up to $3 billion of its own shares this year, signaling confidence as it awaits a crucial regulatory ruling on its capital levels.
UBS plans $3bn share buyback on stronger than expected results
UBS blew past expectations during the fourth quarter with $770mn in net profit, boosted by a strong performance at its investment bank, and announced $3bn in share buybacks on Tuesday. Quarterly profit was significantly higher than analysts’ forecasts of $483mn,
UBS Plans $3 Billion Buyback as Investment Bank Drives Beat
UBS Group AG said it aims to buy back up to $3 billion of its own shares this year, with Chief Executive Officer Sergio Ermotti returning more cash to investors amid progress in integrating Credit Suisse.
UBS Has Cut 10,000 Jobs Since Historic Credit Suisse Takeover
UBS Group AG has cut more than 10,000 roles since it bought Credit Suisse, marking a milestone in the lender’s efforts to ...
UBS trounces profit forecasts, $3 billion share buyback conditional on capital rules
UBS Group posted fourth-quarter profit that beat forecasts by a wide margin and said it would buy back up to $3 billion in ...
Swissinfo3h
UBS Buyback Plans Fail to Cheer Investors Awaiting Capital Rule
UBS Group AG shares slumped on Tuesday, signaling that uncertainty over an upcoming government decision on capital ...
阿思達克財經網4h
UBS Axes 10K+ Jobs since Acquisition of C Suisse
HSI Closes Midday at 20,075, Down 149 pts; HSTI Closes Midday at 4,691, Down 31 pts; BABA Up over 5%; MEITUAN Down over 3%; ...
UBS beats profit forecast but shares fall as buyback plan fails to impress
By Ariane Luthi ZURICH (Reuters) -Fourth-quarter profit at UBS Group well exceeded forecasts on Tuesday but the lender's ...
UBS reports $5.1 bln annual profit, boosts dividend as integration progresses
UBS Group (SIX:UBSG) (NYSE:UBS) on Tuesday reported a net profit of $0.8 billion for the fourth quarter of 2024 and $5.1 ...
Yahoo Finance25d
UBS Group Nears Settlement of Credit Suisse US Tax Evasion Case
UBS Group AG UBS is on the verge of a settlement with the U.S. government that could include hundreds of millions of dollars in fines. This was reported by the Wall Street Journal (“WSJ”).
Business Times2h
UBS has cut 10,000 jobs since Credit Suisse takeover in 2023
UBS Group has cut more than 10,000 roles since it bought Credit Suisse, marking a milestone in the lender’s efforts to ...