|Bid||0.00 x 0|
|Ask||9.68 x 0|
|Day's range||9.65 - 10.03|
|52-week range||7.00 - 13.28|
|Beta (5Y monthly)||1.24|
|PE ratio (TTM)||7.89|
|Forward dividend & yield||0.35 (3.53%)|
|Ex-dividend date||06 May 2020|
|1y target est||17.63|
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.
David W. Ellis III, UBS Private Wealth Advisor and Managing Director of The Ellis Group, has been named to Forbes’ Top Wealth Advisors List for the fifth year in a row. The prestigious list recognizes the top 250 wealth advisors in the United States.