Previous close | 27.36 |
Open | 27.30 |
Bid | 27.38 x 1000 |
Ask | 0.00 x 2900 |
Day's range | 27.10 - 27.53 |
52-week range | 18.71 - 32.13 |
Volume | |
Avg. volume | 2,890,172 |
Market cap | 88.211B |
Beta (5Y monthly) | 1.01 |
PE ratio (TTM) | 3.25 |
EPS (TTM) | 8.45 |
Earnings date | N/A |
Forward dividend & yield | 0.35 (1.27%) |
Ex-dividend date | 30 Apr 2024 |
1y target est | 32.55 |
A year after the failure of Credit Suisse, the Swiss government says UBS may have to find as much as $27 billion to absorb potential losses. Now, the giant Swiss lender is hitting back, saying its finances are robust.
UBS executives on Wednesday told shareholders that the bank has major concerns about the Swiss government's recently announced plan to hit the country's largest lender with tougher capital requirements. The government laid out plans two weeks ago for how to police banks deemed "too big to fail" to shield the country from a repeat of the collapse of Credit Suisse, which UBS acquired in a rescue arranged by the authorities and backed by the state. "We are seriously concerned about some of the discussions related to additional capital requirements," UBS Chairman Colm Kelleher said at the bank's annual general meeting in Basel.
LOS ANGELES, April 23, 2024--UBS Private Wealth Management announced today that Drew Freides and Michael Kanigher, Private Wealth Advisors and Managing Directors in the firm’s Los Angeles Private Wealth Management Market, have been named to the Forbes America’s Top Wealth Advisors and Forbes Best-in-State Wealth Advisors lists for 2024. Drew ranked in the top 10 advisors nationally and #1 in the Los Angeles Private Wealth category. Michael ranked #8 in Los Angeles Private Wealth and rose to #78