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UBS Group AG (UBS)

NYSE - Nasdaq Real-time price. Currency in USD
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18.53-0.27 (-1.44%)
As of 10:53AM EST. Market open.
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  • Bloomberg

    UBS Agrees to Buy Robo-Adviser Wealthfront for $1.4 Billion

    (Bloomberg) -- UBS Group AG agreed to buy U.S. robo-adviser Wealthfront for $1.4 billion in cash, as Chief Executive Officer Ralph Hamers tapped a fintech firm for his first major acquisition.Most Read from BloombergA Nor’easter Approaching New York Risks Becoming a Bomb CyclonePowell Backs March Liftoff, Won’t Rule Out Hike Every MeetingStocks Halt Rally as Bond Yields Spike After Fed: Markets WrapAstronomers Spot Never-Before Seen Object at 4,000 Light-Years AwayScientists Identify Factors Tha

  • Business Wire

    UBS Agrees to Acquire Wealthfront to Deliver Digital Wealth Management Offering to Millennial and Gen Z Affluent Investors

    ZURICH, January 26, 2022--Today, UBS and Wealthfront, an industry-leading, automated wealth management provider serving the next generation of investors, signed an agreement whereby UBS would acquire Wealthfront in an all-cash transaction valued at $1.4 billion. Through this acquisition, UBS will accelerate its growth ambitions in the US, broaden the firm’s reach among affluent investors and expand its distribution and capabilities.

  • Yahoo Finance UK

    Bitcoin follows stocks in cautiously reversing decline

    Bitcoin was almost 4% higher on Wednesday at $37,794, while ethereum, the second-largest cryptocurrency, was 3.4% up.