Previous Close | 31.93 |
Open | 31.68 |
Bid | 0.00 x 2200 |
Ask | 0.00 x 1400 |
Day's Range | 31.52 - 31.71 |
52 Week Range | 18.27 - 32.13 |
Volume | |
Avg. Volume | 3,292,451 |
Market Cap | 101.889B |
Beta (5Y Monthly) | 1.02 |
PE Ratio (TTM) | 3.58 |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | 0.35 (1.11%) |
Ex-Dividend Date | Apr 30, 2024 |
1y Target Est | N/A |
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UBS Group (UBS) seeks merger and acquisition opportunities in the United States to expand its wealth management footprint in the country.
As the Credit Suisse-UBS deal reaches its one-year mark, UBS seeks to expand its wealth business in the U.S. through M&A activities in the next three to four years, Chairman Colm Kelleher said Sunday.
Swiss banking giant UBS will look for merger and acquisitions opportunities in the United States in the years to come, its chairman told the NZZ newspaper on Sunday. UBS, which took over former rival Credit Suisse last June, wants to expand its U.S. wealth-management business through potential M&A in three or four years, Colm Kelleher said. Since rescuing Credit Suisse, UBS has faced criticism over a $1.6 trillion-plus balance sheet that is nearly twice the size of the Swiss economy and has prompted the country to review its regulation of systemically important banks.