UBS
UBS reduces Asia ESG staff by half in global restructuring
The retrenchment comes after a broader pullback among global banks from dedicated ESG financial strategies
UBS offers its first AT1 since Swiss authorities paused reforms
The lender is looking to sell at least US$500 million of perpetual bonds, says a source
UBS family office clients cut US dollar exposure in wealth revamp
About half of the money managers also say they are overexposed to the greenback
AI boom masks mounting risks from Middle East energy shock: MAS chief
The financial regulator is working with private banks to shorten the time needed to open an account
Strong Apac wealth creation boosts UBS’ profitability and assets to new record
The bank is eyeing growth by snagging a share of the US$83 trillion ‘great wealth transfer’
UBS CEO Sergio Ermotti sees acquisition as an option for US growth
The bank has been working for years to turn around its wealth business in America
Swiss lawmakers gather to discuss law that will shape UBS future
Early signals from the committee will influence what is likely to be months of intense lobbying
UBS says rich clients lost some interest in private credit
It reflects ‘macro uncertainty and a preference for liquidity and capital preservation’, UBS CFO Todd Tuckner says
UBS beats profit expectations on market volatility
Markets have remained broadly resilient so far in the second quarter, the bank says
UBS faces US$20 billion hike in capital needs as Swiss split grows
The government will continue to let the lender count deferred tax assets towards its regulatory capital
