UBS Group AG

Banking & finance

UBS cuts four loan bankers in Hong Kong, Singapore as deal flow slows

The exits include two Singapore-based bankers: Terence Chia, head of loan syndications, and Irene Liao, an executive director on the team, according to Bloomberg's sources.
UBS appoints wealth co-heads in management shakeup - THE EDGE SINGAPORE

New appointments

UBS appoints wealth co-heads in management shakeup

This is CEO Sergio Ermotti’s first major management shakeup since the Credit Suisse takeover.
UBS to restart buybacks in 2024 as it absorbs Credit Suisse - THE EDGE SINGAPORE

Banking & finance

UBS to restart buybacks in 2024 as it absorbs Credit Suisse

UBS Group AG will resume share buybacks this year, vowing to hand as much as US$1 billion to shareholders.
Edmund Koh, Asia-Pacific president of UBS Group AG, discusses the growth of its art collections over the years - THE EDGE SINGAPORE

Art

Edmund Koh, Asia-Pacific president of UBS Group AG, discusses the growth of its art collections over the years

Since the 1960s, UBS has fostered a strong connection with contemporary art

US Economy

UBS strategists see far deeper Fed rate cuts than what markets are pricing

UBS strategists predict that the Federal Reserve will cut interest rates by 275 basis points next year.
UBS Group AG poised to cut 10% of support staff at Credit Suisse - THE EDGE SINGAPORE

Banking & finance

UBS Group AG poised to cut 10% of support staff at Credit Suisse

The Swiss bank informed employees the reductions will start Nov 6.

Anti-money laundering

UBS, ICBC and Bank of China join banks ensnared in Singapore’s US$2 bil scandal

More than 10 banks have been ensnared for their ties with the alleged money launderers, or their businesses in Singapore.
UBS signals two thirds of Credit Suisse investment bank to shut - THE EDGE SINGAPORE

Banking & finance

UBS signals two thirds of Credit Suisse investment bank to shut

The one-third UBS does plan to keep is largely made up of the mergers and acquisitions and capital markets business.

Banking & finance

UBS smashes banking record as it absorbs Credit Suisse

UBS’s shares jumped as much as 7.2% after the open in Zurich on Thursday, having gained almost 40% this year.

DLCs

UBS issues first-ever USD quoted stock DLCs on SGX

This is the first time that a USD-quoted stock DLC is listed on the exchange.
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