|Bid||11.02 x 21500|
|Ask||11.00 x 21500|
|Day's range||10.91 - 11.05|
|52-week range||7.48 - 13.49|
|Beta (5Y monthly)||1.24|
|PE ratio (TTM)||8.97|
|Forward dividend & yield||0.36 (3.26%)|
|Ex-dividend date||06 May 2020|
|1y target est||14.27|
UBS Private Wealth Management is proud to announce that Michael S. Matthews, a Managing Director and Senior Portfolio Manager in the firm’s Bellevue, WA office, has been named to the 2020 Forbes/SHOOK List of Top Wealth Advisors. This is the fifth straight year that Michael has been named to the list.
Swiss private bank Julius Baer could seek to recoup 150 million Swiss francs ($162 million) from UBS after it was ordered on Friday to repay the German government over millions in East German cash that vanished after the fall of the Berlin Wall. The German government has been seeking money that it says was illegally transferred out of East Germany when the communist regime collapsed. At that time, large sums were moved from an East German foreign trade company to foreign banks, so the money could not be seized by a reunified Germany.
The chairmen of UBS and Credit Suisse supported a merger of equals between Switzerland's two largest banks during discussions earlier this year, Swiss magazine Bilanz reported on Wednesday, adding talks had since stagnated. The details reported by finance periodical Bilanz suggest that a merger between Credit Suisse and UBS, which had been examined by staff working under UBS chairman Axel Weber in recent months, had been more seriously considered than previously known, receiving backing from both parties. Both UBS and Credit Suisse declined comment.