Previous close | 26.82 |
Open | 27.13 |
Bid | 0.00 x 3100 |
Ask | 0.00 x 2900 |
Day's range | 26.98 - 27.24 |
52-week range | 18.76 - 32.13 |
Volume | |
Avg. volume | 2,852,798 |
Market cap | 87.184B |
Beta (5Y monthly) | 1.01 |
PE ratio (TTM) | 3.22 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 0.35 (1.29%) |
Ex-dividend date | 01 May 2024 |
1y target est | N/A |
(Bloomberg) -- The recent selloff in UBS Group AG shares underscores the Swiss bank’s challenge to demonstrate its Credit Suisse Group AG acquisition is on solid ground.Most Read from BloombergTruce Talks Drag as Hamas Hits Israel Crossing in Deadly AttackFrance’s Macron Calls for Reset of Economic Ties With ChinaBuffett Praises Apple After Trimming It, Drops Paramount StakeTreasury Rally Risks Running Into a $125 Billion Brick WallXi Begins Europe Tour in Paris as Macron Seeks to Reset TiesResu
UBS took over Credit Suisse in a government-backed rescue last year in what was the biggest merger of banks of systemic importance since the 2007-2009 financial crisis. Korner, who was appointed CEO of Credit Suisse during turbulent times in 2022, joined the board of UBS after the takeover. UBS is working to complete the merger of its legal entities with those of Credit Suisse by late May, the Financial Times said, citing people familiar with the plans.
HONG KONG (Reuters) -Credit Suisse's securities brokerage joint venture in China said its staff numbers sank 46% in 2023, a year the Swiss authorities arranged a takeover to keep the firm from collapsing. Credit Suisse Securities (China) Ltd said in an annual report dated Tuesday that employee numbers were 126 at the end of December, down from 234 a year earlier. The Swiss authorities hastily arranged the takeover of Credit Suisse by cross-town rival UBS in the biggest bank merger since the 2008 global financial crisis.