Live Stocks get clobbered as Trump's China trade war intensifies. See the latest. Swiss - Delayed Quote • CHF UBS Group AG (UBSGE.SW) Follow Compare 23.08 0.00 (0.00%) At close: April 4 at 4:24:17 PM GMT+2 All News Press Releases SEC Filings UBS hires Evan Raine as head of media and telecom M&A, memo says UBS Group has hired Evan Raine as its head of media and telecom investment banking in the Americas to capture more market share from deals in the sector, according to an internal memo reviewed by Reuters. Raine will start at UBS on April 14 and will be based in New York, Jeff Hinton, global co-head of mergers and acquisitions at UBS, said in the memo on Thursday. Raine joins UBS from Adams Outdoor Advertising, a home advertising operator, where he was Chief Financial Officer for the past two years. Sector Update: Financial Stocks Slump Late Afternoon Financial stocks fell in late Thursday afternoon trading, with the NYSE Financial Index dropping 3.6 Sector Update: Financial Stocks Tumble Thursday Afternoon Financial stocks slumped in Thursday afternoon trading with the NYSE Financial Index dropping 4.2% a UBS Asks What The Swiss Central Bank's Options Are With The Franc's Appreciation A Swiss central bank (SNB) rate cut in June could become necessary if the Swiss franc (CHF) doesn't UBS shareholders reelect chairman Colm Kelleher with 90% of votes UBS shareholders on Thursday reelected Chairman Colm Kelleher with 90% of votes, compared to 96% of votes in 2024. The voting approval rate for Vice Chairman Lukas Gaehwiler also dropped, to 89.5% in 2025 from 98.6% in 2024. UBS shareholders elected two new board members at the bank's AGM on Thursday, Renata Jungo Bruengger with 78% of votes and Lila Tretikov with 99.4% of votes. UBS sticks to $3 billion share buyback plan despite capital changes, global uncertainty LUCERNE, Switzerland (Reuters) -UBS Chairman Colm Kelleher on Thursday reiterated the Swiss bank's intention to repurchase shares to the tune of $3 billion in 2025, despite looming capital rule changes in the country and global economic uncertainty. "In the absence of any significant, immediate changes to the current capital regime, we remain committed to returning capital to our shareholders," Kelleher said at the bank's annual general meeting in Lucerne. Proxy adviser Ethos opposed the buyback plans, describing them as a provocation in the current political context and arguing that capital should be reserved for stability. UBS Declares Coupon Payments on 12 ETRACS Exchange Traded Notes NEW YORK, April 07, 2025--UBS Investment Bank today announced coupon payments for 9 ETRACS Exchange Traded Notes traded on the NYSE Arca and expected coupon payments for 3 ETRACS Exchange Traded Notes traded on NASDAQ (together, the "ETNs"). JPMorgan, Citi and Global Bank Stocks Get Hammered by Recession Fears JPMorgan Chase, Bank of America, Morgan Stanley and Goldman Sachs sold off Friday morning, after sliding Thursday. So did shares of Citigroup, whose specialty in moving money between continents leaves it exposed to a shock to global trade. Citi's 12% slump Thursday was its biggest since 2020. UBS Wealth, Templeton See Chinese Stocks Braving Tariff Blow (Bloomberg) -- Some of the world’s biggest money managers say Chinese stocks have the means to weather the tariff blitz unleashed by US President Donald Trump on the economy.Most Read from BloombergMetro-North Is Faster Than Acela on NYC-New Haven Route After Signal UpdatesLondon Clears Final Hurdle for More High-Speed Trains to EuropeLocal Governments Vie for Fired Federal WorkersWhat Frank Lloyd Wright Learned From the DesertChicago School District Agrees to Minimum 16% Teacher Pay RaiseFund m UBS Asks Court to Overturn Arbitration Award in Tesla Short-Selling Case The brokerage firm argues that the $95 million in damages it incurred from an advisor’s strategy to short-sell Tesla is “grossly excessive.” UBS Hires Financial Advisor Amani Harris in Seattle, WA SEATTLE, March 27, 2025--UBS Wealth Management USA today announced that Amani Y. Harris has joined the firm as a First Vice President and Portfolio Manager in the Seattle office. Amani joins the firm’s Pacific Northwest Market, led by Market Executive Rob Giordano and Associate Market Executive Kevin Janke. Twenty-Six UBS Advisor Teams in Southern California and Hawaii Named to Forbes Best-In-State Wealth Management Teams List NEWPORT BEACH, Calif. & HONOLULU, March 27, 2025--26 UBS financial advisor teams from SoCal & Hawaiian areas of Pacific Desert market named to Forbes Best-In-State Wealth Management Teams for 2025. UniCredit, UBS, Nomura Lose Attempt to Cancel Crisis-Era EU Bond Cartel Fines The EU’s general court largely backed the Commission’s decision to fine the banks in connection with a government bonds cartel. Eleven UBS Advisor Teams in Arizona Named to Forbes Best-in-State Wealth Management Teams List PHOENIX, March 26, 2025--UBS announced that 11 of its Arizona-based wealth management teams were named to Forbes Best-in-State Wealth Management Teams list for 2025. Six UBS Financial Advisors in Pacific Desert Market Named to Barron’s Top 1200 Financial Advisors List NEWPORT BEACH, Calif., March 24, 2025--Six financial advisors from UBS Pacific Desert - Arizona, SoCal, Hawaii - market named to Barron's Top 1200 Financial Advisors nationwide list. UBS could relocate Swiss HQ if capital demand is not reduced, Bloomberg News reports When asked about the report, UBS pointed to a January interview of CEO Sergio Ermotti to Bloomberg TV in which he said, "I don't think for me, it's a topic to even consider at this stage to move away from Switzerland." The bank was founded in 1862 in Switzerland. Three UBS Financial Advisors in Arizona named to Forbes Top Women Wealth Advisors Best-in-State list PHOENIX, March 20, 2025--3 UBS Scottsdale Financial Advisors: Susan Bailey, Jennifer Lucovich, Jennifer Pope, named to Forbes Top Women Wealth Advisors Best-In-State 2025 list SNB Says Full Capitalization of UBS Units Is Best Solution (Bloomberg) -- The Swiss National Bank reiterated its support for a reform that could see UBS Group AG forced to maintain as much as $25 billion in extra capital.Most Read from BloombergNew York Subway Ditches MetroCard After 32 Years for Tap-And-GoAmtrak CEO Departs Amid Threats of a Transit Funding PullbackDespite Cost-Cutting Moves, Trump Plans to Remake DC in His StyleNYC Plans for Flood Protection Without Federal FundsLA Faces $1 Billion Budget Hole, Warns of Thousands of LayoffsThe Swiss g UBS CEO says better early warning will help make banking safer UBS CEO Sergio Ermotti on Wednesday urged authorities to improve their ability to detect problems at banks as he sought to find common ground over efforts to overhaul the Swiss banking sector following the 2023 demise of Credit Suisse. UBS is at the heart of the debate on new regulations because of the significance it assumed when it acquired the stricken Credit Suisse, and the question of how much extra capital it should hold to be sufficiently robust is highly contentious. The bank says saddling UBS with excessive capital demands would put it and the Swiss financial centre at a disadvantage, and in a memo to staff he posted online, Ermotti urged authorities to act prudently when drawing up new rules. Nine UBS Financial Advisors in Southern California and Hawaii named Top Women Wealth Advisors by Forbes SAN DIEGO & NEWPORT BEACH, Calif. & HONOLULU, March 19, 2025--9 financial advisors based in the UBS Pacific Desert market are named to Forbes Top Women Wealth Advisors and Best-In-State lists for 2025. Performance Overview Trailing total returns as of 4/10/2025, which may include dividends or other distributions. Benchmark is MSCI WORLD (^990100-USD-STRD) Return UBSGE.SW MSCI WORLD (^990100-USD-STRD) YTD -14.61% -7.99% 1-Year -16.77% +0.29% 3-Year -16.77% +13.60%