Previous close | 28.18 |
Open | 28.12 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 27.82 - 28.20 |
52-week range | 16.40 - 28.24 |
Volume | |
Avg. volume | 6,555,939 |
Market cap | 90.426B |
Beta (5Y monthly) | 1.02 |
PE ratio (TTM) | 3.60 |
EPS (TTM) | 7.79 |
Earnings date | 07 May 2024 |
Forward dividend & yield | 0.61 (2.17%) |
Ex-dividend date | 30 Apr 2024 |
1y target est | 19.81 |
LONDON/ZURICH (Reuters) -The Swiss National Bank is easing banks' access to cash in emergencies, working with lenders to widen the pool of assets they can pledge to secure funds when under strain, two sources familiar with the matter told Reuters. The SNB has signalled it will grant lenders access to central bank liquidity by accepting a broader pool of commercial loans, as well as so-called Lombard loans, the people said. Switzerland's largest lender UBS, which bailed out rival Credit Suisse last year, is reviewing its portfolios to ensure its loans are eligible, one of the two people told Reuters.
UBS Group (UBS) seeks merger and acquisition opportunities in the United States to expand its wealth management footprint in the country.
Swiss banking giant UBS will look for merger and acquisitions opportunities in the United States in the years to come, its chairman told the NZZ newspaper on Sunday. UBS, which took over former rival Credit Suisse last June, wants to expand its U.S. wealth-management business through potential M&A in three or four years, Colm Kelleher said. Since rescuing Credit Suisse, UBS has faced criticism over a $1.6 trillion-plus balance sheet that is nearly twice the size of the Swiss economy and has prompted the country to review its regulation of systemically important banks.