UBS Group AG

Paineebber was an American stock brokerage and asset management firm that was acquired by the Swiss bank UBS AG in 2000.

PaineWebber

UBS Group AG is a holding company, which engages in the provision of financial management solutions. It operates through the following segments: Global Wealth Management, Personal and Corporate Banking, Asset Management, Investment Bank, Non-Core and Legacy, and Group Items. The Global Wealth Management segment involves the provision of advice and solutions and offers investment management, estate planning and corporate finance, banking products and services. The Personal and Corporate segment focuses on offering retirement, financing, investments and strategic transactions through its branch network and digital channels. The Asset Management segment consists of capabilities and styles, and advisory support. The Investment Bank segment includes research, advisory services, facilitating clients raising debt and equity from the public, private, and capital markets, cash and derivatives trading. The Non-Core and Legacy segment refers to assets and liabilities prior to the acquisition. The Group Items segment consists of Technology, Corporate Services, Human Resources, Finance, Legal, Risk Control, Compliance, Regulatory and Governance, Communications and Branding, Group Sustainability and Impact, Chief Strategy Office, and Group Treasury. The company was founded on June 29, 1998 and is headquartered in Zurich, Switzerland.

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TAMPA, Fla. , May 19, 2023 /PRNewswire/ -- UBS Private Wealth Management announced today that Christopher Aitken, Michael Bober, Chris Garvin, Joseph Matina, Manish Mehta, Andrew Plum, Nick Sadowsky, Jason Stephens, and Ed Ventrice, nine of the firm's Florida-based financial advisors, have been named to the Barron's Top 1200 Financial Advisors list for 2023.

Nine UBS advisors in Florida named to Barron's Top 1200 Financial Advisors list

There are plenty of catalysts and headwinds investors are pricing in right now. Of course, still-high inflation, rising interest rates, and uncertainty around a recession are among the top items on most investors' minds.

Why Billionaire Dan Loeb Is Betting Big on UBS Stock

GARDEN CITY, N.Y.--(BUSINESS WIRE)--UBS Wealth Management USA today announced that Paul L. Cuneo has joined the firm as a Managing Director and Financial Advisor in Garden City, New York. Paul joins with his team, Cuneo, Denihan & Associates which also includes Financial Advisor Tim Denihan and Client Service Associates Melissa Poyer and Patrick Lively. Paul, Tim, Melissa and Patrick join the UBS Long Island & Soundview Wealth Management market, managed by Mara Glassel, and will be loca.

Financial Advisors Paul Cuneo & Timothy Denihan join UBS in the Garden City, NY

Credit Suisse

The bank has a quandary after agreeing to buy local rival Credit Suisse: what to do with the latter's Swiss business.

UBS Faces Tough Choice Over Credit Suisse's Domestic Business

A lesser-known subsector of energy, midstream offers compelling investment opportunities. Investors may be less familiar with midstream as it serves an intermediary role in the energy value chain.

VettaFi's Stacey Morris Discusses Midstream Opportunities on UBS Trending

Fair value adjustments of the combined group's financial assets and liabilities, litigation provisions, and other factors are expected to hit UBS Group (UBS) shareholders' equity by $28.3 billion.

UBS Group (UBS) Notes Likely Losses, Gains From Credit Suisse Deal

UBS Group AG (NYSE:UBS) did not want to buy Credit Suisse Group AG (NYSE:CS) and was rushed into purchasing the failed bank for close to US$3.5bln, according to a regulatory document. The Swiss lender added it was given less than four days to complete due diligence, a filing to the US Securities and Exchange Commission revealed.

UBS says it was rushed into Credit Suisse deal

UBS says it will absorb costs related to litigation, regulatory matters and liability adjustments in emergency rescue

UBS to make $35bn in Credit Suisse takeover – but lose $17bn in rushed deal

UBS will also set aside $4 billion for legal expenses from the deal.

UBS Is Biggest Winner From Banking Turmoil With $35 Billion Gain

UBS said it didn't want to acquire its rival and its inability to do thorough due diligence means it's possible it “agreed to a rescue that is considerably more difficult and risky than it had contemplated.”

UBS Braces To Lose Billions After Rushed Credit Suisse Rescue

UBS estimates a financial hit of around $17 billion from its emergency takeover of Credit Suisse, according to a regulatory filing.

UBS expects $17 billion hit from Credit Suisse rescue, flags hasty due diligence

The Swiss bank released new details about the acquisition's likely impact on its balance sheet.

UBS Plans for $4 Billion Legal Hit From Credit Suisse Deal

UBS Group AG was rushed into buying cross-town rival Credit Suisse Group AG in a deal it did not want, as a global bank crisis worsened the latter's finances and prompted authorities to take swift action, a regulatory filing showed.

UBS says it was rushed into unwanted Credit Suisse rescue merger

Swiss bank UBS Group AG said on Tuesday it estimated a "negative goodwill" of $34.8 billion from its acquisition of Credit Suisse.

UBS estimates $34.8 bln of 'negative goodwill' from Credit Suisse buy -filing

ZURICH--(BUSINESS WIRE)--Regulatory News: Ad hoc announcement pursuant to Article 53 of the SIX Exchange Regulation Listing Rules In connection with the planned acquisition of Credit Suisse, UBS Group AG (NYSE:UBS) (SWX:UBSN) has filed a registration statement on Form F-4 with the US Securities and Exchange Commission (SEC) covering the UBS Group AG shares to be issued to Credit Suisse Group AG shareholders in the acquisition. UBS filed today Amendment 1 to the registration statement, which inc.

UBS filed an amended Form F-4 registration statement with the SEC, including pro forma financial information

EU antitrust regulators are expected to give unconditional clearance to UBS' planned takeover of struggling fellow Swiss bank Credit Suisse following the end of its preliminary review, people familiar with the matter said on Tuesday.

Exclusive: EU antitrust regulators to okay UBS, Credit Suisse deal, sources say

Barclays

At least seven top Barclays Plc bankers have resigned to join to UBS Group AG in the United States in the last few days, people familiar with the matter said.

Exclusive: Top Barclays M&A bankers decamp for UBS-sources

KNOXVILLE, Tenn.--(BUSINESS WIRE)--UBS Wealth Management USA announced today that Financial Advisor Daniel P. Green, based in the firm's Knoxville, Tennessee office, has been named to the Forbes Best-In-State Wealth Advisors list for 2023. This is the third consecutive year that Daniel has been named to the list. “We are very proud to once again see Daniel recognized for his achievements and commitment to helping clients achieve their financial goals,” said Chris Cannon, Knoxville Market Direct.

UBS advisor Daniel Green named to Forbes Best-In-State Wealth Advisors list

SAN JOSE, Calif.--(BUSINESS WIRE)--UBS Private Wealth Management today announced that O'Connor & Associates, led by Private Wealth Advisor Ting O'Connor, has joined the firm in San Jose, CA. The team also includes Senior Wealth Strategy Associate Jenny Brummer and Client Service Associate Erica Soriano. Ting, Jenny and Erica join the UBS San Francisco Private Wealth Management Market, managed by Todd Locicero, and will be located in the San Jose office, reporting to Emily de la Reguera. Lat.

Private Wealth Advisor Ting O'Connor Joins UBS in San Jose, CA

DENVER--(BUSINESS WIRE)--UBS announced today that Jonathan Beukelman, a Private Wealth Advisor in the firm's Denver, Colorado office, has been named to the Barron's Top 1200 Financial Advisors list for 2023. This is the tenth consecutive year that Jonathan has been named to the list. “We are proud to once again see Jonathan acknowledged for his long-standing dedication to providing clients with exceptional financial advice and personalized service,” said Michael Gatewood, Managing Director, Chi.

UBS Private Wealth Advisor Jonathan Beukelman named to the Barron's Top 1200 Financial Advisors list

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Regional banks remain under pressure 10 weeks after the start of the bank crisis. Regulators, JPMorgan's Jamie Dimon aim at short sellers.

Banks: 10 Weeks Into The Bank Wreck. Where Do We Stand?

Collapsed Swiss bank Credit Suisse Group AG (NYSE:CS) is no longer seeing outflows, Sergio Ermotti, the chief executive officer at its new owner  UBS Group AG (NYSE:UBS), has confirmed. The newly appointed boss said that while the situation had stabilised, there was still a necessity to launch an investigation into how and why Credit Suisse faltered.

Credit Suisse outflows stemmed, job cuts coming, UBS boss confirms

UBS Chief Executive Sergio Ermotti said on Friday that the situation at Credit Suisse has stabilized and he did not think outflows at the embattled bank were continuing.

UBS CEO Ermotti: Credit Suisse no longer seeing outflows, situation has stabilised

UBS Group AG has prioritised integrating Credit Suisse's investment bank and accelerating cost-cutting, the Financial Times reported on Friday, citing people involved in the planning.

UBS prioritises Credit Suisse investment bank integration, cost cuts- FT

UBS could have to lure investors with significantly higher yields when it next sells Additional Tier 1 bonds, paying what analysts say could be a punitive price for a Swiss decision to wipe out Credit Suisse AT1s under their shotgun merger.

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