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UBS Group AG (UBS)
After hours:
| Previous close | 27.97 |
| Open | 28.19 |
| Bid | 28.00 x 1400 |
| Ask | 28.48 x 1300 |
| Day's range | 28.15 - 28.44 |
| 52-week range | 18.71 - 32.13 |
| Volume | |
| Avg. volume | 2,874,095 |
| Market cap | 91.099B |
| Beta (5Y monthly) | 1.01 |
| PE ratio (TTM) | 3.36 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 0.35 (1.23%) |
| Ex-dividend date | 30 Apr 2024 |
| 1y target est | N/A |
- Reuters
UBS gets backing for capital plan, Ermotti pay from Norway wealth fund
LONDON (Reuters) -Norway's sovereign wealth fund has backed UBS' plan to make its Additional Tier 1 (AT1) bonds, a form of debt, more appealing to investors by protecting them from a wipeout, and also signed off on UBS CEO Sergio Ermotti's pay package. The vote from the Norwegian fund, UBS' second-largest shareholder, at the bank's annual general meeting this week is a boost for UBS, which is seeking to prop up its capital buffers to satisfy Swiss regulators' demands as it integrates its former rival Credit Suisse. The bonds can be converted into equity or written off.
- Bloomberg
UBS Dials Back China Fund Plans on High Costs, Grim Outlook
(Bloomberg) -- UBS Group AG is postponing plans to build its own mutual fund business in mainland China due to high costs and a dim profit outlook, people familiar with the matter said.Most Read from BloombergRay Dalio’s Famous Trade Is Sputtering, Investors BailingTrump Has Only $6.8 Million for Legal Fees With Trial UnderwayElon Musk’s Robotaxi Dreams Plunge Tesla Into ChaosZimbabwe’s ZiG Wipes Out 330% Stocks RallyApple’s China iPhone Sales Dive 19% in Worst Quarter Since 2020The Swiss bank w
- Bloomberg
UBS to Open Menlo Park Office, Hires Lynch for Tech Deals
(Bloomberg) -- UBS Group AG plans to open an office in Menlo Park, California, and hired Sean Lynch from Barclays Plc to bolster its business advising technology companies ahead of a predicted revival in dealmaking and initial public offerings.Most Read from BloombergTaylor Swift Is Proof That How We Critique Music Is BrokenTech Giants Roar as Tesla Spikes in Late Hours: Markets WrapBiden’s New Chopper Is Demoted After Scorching White House LawnTesla Stock in ‘No Man’s Land’ After 43% Rout Ahead
