UBSG.VX - UBS Group AG

Swiss - Swiss Delayed Price. Currency in CHF
12.55
-0.07 (-0.59%)
At close: 5:31PM CEST
Stock chart is not supported by your current browser
Previous Close12.62
Open12.68
Bid12.69 x 1808800
Ask12.69 x 1359500
Day's Range12.55 - 12.75
52 Week Range12.55 - 16.35
Volume12,388,079
Avg. Volume10,796,104
Market Cap47.188B
Beta (3Y Monthly)N/A
PE Ratio (TTM)46.46
EPS (TTM)N/A
Earnings DateJan 25, 2018 - Jan 29, 2018
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est18.84
  • Whatever He Takes Next, Draghi Probably Won’t Vanish After ECB
    Bloomberg3 days ago

    Whatever He Takes Next, Draghi Probably Won’t Vanish After ECB

    Mario Draghi has five months left in office at the European Central Bank, and yet more years of work ahead if he wants it. The ECB president’s pending exit in October has sparked speculation back home in Italy over whether he’ll retire from public life or return one day to participate in the nation’s fractious political scene. Finance Minister Giovanni Tria said last month that Draghi could make a “big contribution” there.

  • Barrons.com4 days ago

    Week’s Best: An Intriguing Deal for Goldman Sachs

    United Capital, Charles Schwab, UBS and Benjamin F. Edwards all made headlines this week at Barron’s Advisor.

  • Financial Times4 days ago

    FirstFT: Today’s top stories 

    As he stood outside the West Wing waiting to meet Swiss president Ueli Maurer on Thursday, Mr Trump was asked by a reporter whether the US was going to war with Iran. How can we tell if Google is serious about privacy? The president’s retort followed growing speculation that he was less supportive of engaging Iran than his hawkish advisers.

  • Financial Times5 days ago

    FCA steps up inquiries into alleged rape of UBS trainee

    The Financial Conduct Authority is weighing a formal investigation into the fitness and propriety of the alleged rapist, and of another of the trainee’s superiors who is alleged to have groped her in a separate incident in 2017. If the FCA presses ahead with an investigation and deems either of the pair not “fit and proper persons”, they could face a ban and fine. The watchdog’s interest in the men represents an escalation of its inquiries, which have so far centred on how seriously the Swiss bank took the former trainee’s allegations and whether it was fully frank with the regulator.

  • Reuters5 days ago

    EU fines Barclays, Citi, JP Morgan, MUFG and RBS $1.2 bln for FX rigging

    BRUSSELS/LONDON (Reuters) - Barclays, Citigroup, JP Morgan, MUFG and Royal Bank of Scotland were fined a combined 1.07 billion euros ($1.2 billion) by the European Union on Thursday for rigging the multi-trillion dollar foreign exchange market. Banks have been hit with billions of dollars in penalties worldwide over the last decade for the rigging of benchmarks used in many day-to-day financial transactions, further damaging the industry's fragile reputation after the financial crisis.

  • Fear of Election ‘Bolt From the Blue’ Has India Markets Worried
    Bloomberg5 days ago

    Fear of Election ‘Bolt From the Blue’ Has India Markets Worried

    (Bloomberg) -- Investors in India are bracing for an extreme event risk next week: Prime Minister Narendra Modi failing to retain power.

  • CNBC5 days ago

    Barclays, Citigroup and JP Morgan among banks fined $1.2 billion for forex rigging

    Barclays, Citigroup, J.P. Morgan, MUFG and Royal Bank of Scotland have been fined a total of 1.07 billion euros ($1.2 billion) by EU antitrust regulators for rigging the spot foreign exchange market for 11 currencies. Swiss bank UBS was exempted from a 285 million euro fine since it alerted the existence of two cartels to the European Commission. A similar case with the U.S. regulators is ongoing where Barclays, BNP Paribas, Citigroup, J.P. Morgan, Royal Bank of Scotland and UBS have entered related guilty pleas, and been collectively fined more than $2.8 billion.

  • Barrons.com6 days ago

    UBS Reportedly Cuts More Than 150 Support Jobs

    The news, impacting wealth management and other areas, comes as the Swiss Bank is seeking to slow hiring and rein in costs.

  • UBS Eliminates More Than 150 Jobs as It Reviews Staffing
    Bloomberg6 days ago

    UBS Eliminates More Than 150 Jobs as It Reviews Staffing

    UBS Group AG has eliminated more than 150 support jobs globally in recent months, adding to European and U.S. financial services companies dismissing workers to rein in costs, according to people with knowledge of the matter. The Swiss bank cut positions serving the lender’s wealth, asset management and investment banking activities, the people said, asking not to be identified as the matter is private. The majority of cuts are in corporate center positions such as human resources, IT, marketing, and risk departments, they said.

  • CNBC6 days ago

    Barclays analysts call for UBS strategy overhaul, suggest break up of Swiss bank

    Barclays analysts cut the price target for UBS by 6%, questioning its ability to generate satisfactory returns. A note published Monday suggested a possible break up of the Swiss bank. Barclays BARC-GB analysts have questioned the ability of UBS UBSG-CH to achieve satisfactory returns, suggesting market expectations of the Swiss investment bank are too high.

  • Reuters7 days ago

    UBS looks to machine learning to plug FX liquidity gaps

    As global currency markets grapple with a growing number of flash crashes triggered by shutdowns in algorithmic trading systems when volatility spikes, UBS is utilizing machine learning technology to carry on dealing. While algorithmic trading has played a growing role in the $5.1 trillion-a-day global foreign exchange market, accounting for up to a fifth of all trading and about 70 percent of all orders placed on multi-dealer currency platform EBS, machine learning is still relatively new. UBS's ORCA-Direct learns in real time, utilizing historical trading data to find the bank's clients the best available liquidity when volatility rises.

  • Wealth Advisers Are Fleeing Big Banks For Smaller Firms
    Bloomberg8 days ago

    Wealth Advisers Are Fleeing Big Banks For Smaller Firms

    Four UBS Group AG private bankers overseeing $530 million in client assets are the latest to strike out on their own, creating a Portland, Maine-based firm called Great Diamond Partners, according to a statement Monday. Last week, five Bank of America Corp. advisers in Atlanta overseeing $450 million in client assets departed, while a $6 billion Texas team split from Morgan Stanley in April. Smoothing the way are technology ventures such as Dynasty Financial Partners, created by former Citigroup Inc. executives, which provide record-keeping, trading platforms and product offerings once available only at the largest firms.

  • Deutsche Bank talks with UBS on asset management deal stall: sources
    Reuters8 days ago

    Deutsche Bank talks with UBS on asset management deal stall: sources

    FRANKFURT/ZURICH (Reuters) - Talks have stalled between Deutsche Bank and UBS on a tie up of their asset management businesses due to differences over who would control the combined entity, people familiar with the matter said. Such a tie-up still made strategic and financial sense and they did not rule out that talks may eventually be revived, three sources said, but both banks had wanted to drive the venture. Deutsche Bank, its asset management arm DWS, and UBS declined to comment.

  • Reuters8 days ago

    Deutsche Bank talks with UBS on asset management deal stall - sources

    FRANKFURT/ZURICH (Reuters) - Talks have stalled between Deutsche Bank and UBS on a tie up of their asset management businesses due to differences over who would control the combined entity, people familiar with the matter said. Such a tie-up still made strategic and financial sense and they did not rule out that talks may eventually be revived, three sources said, but both banks had wanted to drive the venture. Deutsche Bank, its asset management arm DWS, and UBS declined to comment.

  • Deutsche Bank, UBS Asset Management Deal Talks Stall
    Bloomberg8 days ago

    Deutsche Bank, UBS Asset Management Deal Talks Stall

    Deutsche Bank also delayed a decision on DWS because it preferred to keep options open for longer, the people said. A combination of UBS asset management, which oversees about 722 billion euros ($812 billion), and DWS, which manages 704 billion euros, would have vaulted the combination to the size of top competitor Amundi SA and allow it to better compete with American giants like BlackRock Inc. The two businesses are seeking to gain scale and save costs in an industry where margins are under pressure from an investor flight to cheaper, passive funds. Representatives for Deutsche Bank, DWS and UBS declined to comment.

  • Oil Retreats as Chinese Tariffs Escalate Trade Battle With U.S.
    Bloomberg8 days ago

    Oil Retreats as Chinese Tariffs Escalate Trade Battle With U.S.

    Futures in New York fell 1%, joining a rout for equity markets. China announced higher tariffs on a range of American goods Monday, responding to new levies promised by the Trump administration after talks ended on Friday without a deal. West Texas Intermediate for June delivery sank 62 cents to $61.04 on the New York Mercantile Exchange at the close of trading, after earlier rising 2.7%.

  • Financial Times9 days ago

    Deutsche Bank talks with UBS hit hurdle on asset manager deal

    Talks between Deutsche Bank and UBS on merging their asset management units have hit a major hurdle after they disagreed about who would control a combined €1.4tn business, said people briefed on the talks.  ...

  • GuruFocus.com9 days ago

    Stocks That Fell to 3-Year Lows in the Week of May 10

    Newmont Goldcorp Corp. (NEM), Walgreens Boots Alliance Inc. (WBA), UBS Group AG (UBS), and Halliburton Co. (HAL) have declined to their respective three-year lows.

  • Reuters12 days ago

    Seven banks face EU antitrust fines for forex rigging - sources

    Barclays, Citigroup , HSBC, JPMorgan and three other banks are set to be fined by EU antitrust regulators in coming weeks for rigging the multi-trillion dollar foreign exchange market, two people familiar with the matter said. The other three lenders are Royal Bank of Scotland, UBS and a small Japanese bank, the people said. In contrast, Credit Suisse, which has previously said it did not find any evidence of misconduct, is fighting the EU antitrust charge.

  • Financial Times12 days ago

    Banks brace for closure of EU currency manipulation probe

    After six years of scrutiny, billions of dollars in fines and a flurry of criminal lawsuits, the world’s biggest currency-dealing banks are finally close to drawing a line under global regulatory investigations into the behaviour of their traders, as the EU prepares to announce the results of its probes. Brussels’ findings, and potential fines, are due to land this month, several people familiar with the matter said. UBS, Royal Bank of Scotland, JPMorgan Chase, Citigroup, Barclays and HSBC, each of which began negotiating a settlement with the EU in 2017, are in the spotlight.

  • Financial Times12 days ago

    London Metal Exchange appoints first female chair

    The London Metal Exchange, the world’s largest venue for trading derivatives tied to base metals, has appointed former banker Gay Huey Evans as the first female chair in its 142-year history. The LME, which has been owned by Hong Kong Exchanges and Clearing since 2012, has one of the last remaining open-outcry trading floors, where mostly male traders still shout buy and sell orders in a “Ring” surrounded by red sofas. , chief executive of the LME, said Ms Huey Evans’ experience in “developing policy and growing markets, combined with her deep understanding of risk, governance and regulation, will be paramount to LME as we continue to grow in an ever-changing landscape”.

  • U.S., China Begin Crucial Trade Talks as Tariff Clock Ticks
    Bloomberg12 days ago

    U.S., China Begin Crucial Trade Talks as Tariff Clock Ticks

    Chinese Vice Premier Liu He arrived Thursday at the U.S. Trade Representative’s office in Washington to start two days of talks with American officials including Robert Lighthizer, the top U.S. negotiator, and Treasury Secretary Steven Mnuchin. Liu told Chinese state media he was coming to Washington "with sincerity" and warned that a move to raise tariffs by the U.S. starting Friday was not a solution and would be painful for both China and the U.S.