UBS

UBS Group AG is a Swiss multinational investment bank and financial services company founded and based in Switzerland. Co-headquartered in the cities of Zürich and Basel, it maintains a presence in all major financial centers as the largest Swiss banking institution in the world.

Source: ubs.com

UBS Lowers Peloton Price Target Amid Uncertainty Around Subscription Growth
UBS Lowers Peloton Price Target Amid Uncertainty Around Subscription Growth
September 25, 2023  |  Subscription Commerce

Peloton Interactive is reportedly grappling with a decline in revenue and growth forecasts. UBS analysts, led by Arpine Kocharyan, have revised the fitness equipment and digital media company’s...

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Report: Global Wealth Fell for 1st Time Since 2008 Crisis
Report: Global Wealth Fell for 1st Time Since 2008 Crisis
August 16, 2023  |  Economy

The world had fewer millionaires at the end of 2022 than at the beginning. That’s according to a report issued Tuesday (Aug. 15) by UBS and Credit Suisse showing that global...

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Numarics Raises €10.2 Million to Offer Small Businesses All-in-One Digital CFO Solution
Numarics Raises €10.2 Million to Offer Small Businesses All-in-One Digital CFO Solution
July 06, 2023  |  Back-office

Swiss FinTech startup Numarics has raised €10 million ($10.9 million) in a seed funding round, offering small and medium-sized businesses (SMBs) a digital CFO solution...

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Credit Suisse, UBS and US Banks Reportedly Face DOJ Investigation
Credit Suisse, UBS and US Banks Reportedly Face DOJ Investigation
March 24, 2023  |  Banking

Credit Suisse, UBS and some U.S. banks are reportedly being investigated. Individuals at the two Swiss banks and the unspecified major U.S. banks were recently...

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Klarpay CEO Said Providers Must Confront Liquidity Management Challenges With Instant Payments Use
Klarpay CEO Said Providers Must Confront Liquidity Management Challenges With Instant Payments Use
March 23, 2023  |  Real-Time Payments

European real-time payments have seen historic growth in recent years. In fact, some European countries like the U.K., Sweden and Finland have even gone a...

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UBS Will Pay $3 Billion for Credit Suisse
UBS Will Pay $3 Billion for Credit Suisse
March 19, 2023  |  Banking

Swiss banking giant UBS will purchase struggling rival Credit Suisse in a $3 billion government-supported deal. Switzerland’s central bank announced the takeover Sunday (March 19),...

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UBS-Wealthfront Deal Reportedly Shot Down by Shareholders, US Regulators
UBS-Wealthfront Deal Reportedly Shot Down by Shareholders, US Regulators
October 02, 2022  |  Acquisitions

Swiss bank UBS reportedly dropped its bid for U.S. wealth-management operation Wealthfront last month due to pushback from shareholders and U.S. regulators. When UBS and...

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UBS CEO: Digital Euro Could Be ‘Fast and Cheaper’
UBS CEO: Digital Euro Could Be ‘Fast and Cheaper’
June 14, 2022  |  CBDC

UBS Chief Executive Ralph Hamers told an audience at a student educational forum in Milan Tuesday (June 14) that transaction in digital euro could be...

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UBS: Don’t Count on US Crypto Regulations Anytime Soon
UBS: Don’t Count on US Crypto Regulations Anytime Soon
February 15, 2022  |  Cryptocurrency

UBS, Switzerland’s largest bank, said in its own report that it expects United States’ lawmakers to take a while before Congress passes cryptocurrency legislation. The...

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