- Reuters•2 days ago
Swiss bank UBS AG reported Friday that profits for its Wealth Management Americas business rose 8 percent over last year as higher operating income, client activity and cuts to recruiting offset higher employee pay doled out to top brokers. UBS Wealth Management Americas Chief Executive Tom Naratil's commitment to spend less on recruiting showed as the bank reported recruitment loans to financial advisers fell 9 percent to $2.9 billion, from $3.25 billion last year. This includes new recruitment loans and existing ones for advisers that continue to be paid out over a period of several years.
- Associated Press•2 days ago
GENEVA (AP) — Swiss bank UBS has reported a near doubling in its first quarter net profit to 1.3 billion francs ($1.3 billion), as its wealth management and investment banking operations grew.
- Zacks•2 days ago
UBS Group AG (UBS) reported first-quarter 2017 pre-tax operating profit of CHF 1.93 billion ($1.92 billion) on an adjusted basis, up 40.9% from the prior-year quarter.
UBS : Summary for UBS Group AG Registered Ordinar - Yahoo Finance
UBS Group AG (UBS)
NYSE - NYSE Delayed Price. Currency in USD
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|Day's Range||16.99 - 17.24|
|52 Week Range||11.93 - 17.44|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||20.20|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|