|Bid||15.17 x 1100|
|Ask||15.18 x 4000|
|Day's Range||15.11 - 15.30|
|52 Week Range||8.99 - 16.31|
|Beta (5Y Monthly)||1.20|
|PE Ratio (TTM)||8.57|
|Forward Dividend & Yield||0.37 (2.39%)|
|Ex-Dividend Date||Apr 13, 2021|
|1y Target Est||N/A|
UBS has introduced a new promotion bonus for junior investment bankers as part of measures it hopes will keep young staff working through the COVID-19 pandemic engaged and healthy. Switzerland's biggest bank, which is the world's largest in wealth management, also said it was boosting recruitment to help lessen the workload for junior staff and adding programmes focused on physical and mental health. "We know that maintaining your work-life balance is challenging given the demanding deal pipeline and existing remote working environment," Global Banking co-heads Ros Lesperance and Javier Oficialdegui wrote in a memo seen by Reuters and confirmed by UBS.
The Swiss bank lost over $800m in the first quarter, compared to a profit of $1.3bn in the same quarter a year earlier.
UBS was told by an employment tribunal it could not use legal privilege to keep private the findings of an inquiry into how it handled an alleged rape. In a 2019 ruling seen by the Financial Times this week, a judge told UBS it could not rely on legal privilege because law firm Freshfields Bruckhaus Deringer had been hired to conduct an independent inquiry into how HR had responded, rather than in the capacity of legal adviser to the bank. UBS appointed Freshfields partner Caroline Stroud in 2018 to conduct an investigation into the way the bank handled a former employee’s allegation that she was raped by a colleague nearly 20 years her senior.