Latest news with #UBSGroup
Yahoo
09-07-2025
- Business
- Yahoo
UBS Group (UBS) Prepares to Redeem $1.5B of Senior Notes and $1.58B in Tier 1 Notes
UBS Group AG (NYSE:UBS) is one of the best high growth stocks. On July 2, UBS Group disclosed that it plans to redeem two types of outstanding notes worth more than $3 billion. The Swiss financial institution intends to repurchase $1.5 billion of its 6.373% Fixed/Floating Rate Senior Callable Notes maturing in 2026, with the final trading date set for July 11, 2025. A close-up picture of financial documents and computers in a modern office setting. UBS also plans to call $1.575 billion of its 6.875% Tier 1 Capital Notes, with August 5, 2025, set as the final trading date. The repurchase of the notes highlights a significant financial maneuver, amounting to nearly $3.075 billion in total debt retired. UBS Group AG (NYSE:UBS) is a global financial institution providing a comprehensive range of banking, capital markets advisory, risk management, and multi-asset investment services to private, corporate, and institutional clients. While we acknowledge the potential of UBS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure. None. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Bloomberg
02-07-2025
- Business
- Bloomberg
Private Bankers Ride India's Wealth Boom to $600 Million Fortune
When Karan Bhagat was a 25-year-old broker, he used to drive through New Delhi's priciest neighborhoods, cold-calling on mansions in the hopes of finding his first super-rich client. More than two decades later, Bhagat leads one of India's largest wealth managers. His 360 One WAM Ltd., which oversees $68 billion in assets, is close to clinching a deal to take over the local operations of UBS Group AG. In return, the Swiss bank plans to acquire nearly 5% of Bhagat's firm, a sliver worth around $250 million.
Bloomberg
01-07-2025
- Business
- Bloomberg
IMF Backs Swiss Bank Reform Push Amid UBS Capital Standoff
Switzerland's planned financial regulation reforms are 'bold' and should make the country more resistant to crises, the International Monetary Fund said, giving tacit support to the government in its standoff over capital with UBS Group AG. The changes would reduce the risks for the state, taxpayers and the economy, the IMF said on Tuesday in an assessment of the country's sector which it conducts every five years.
South China Morning Post
30-06-2025
- Business
- South China Morning Post
Standard Chartered and UBS bullish on Hong Kong, China stocks on policy support, earnings
Mainland Chinese and Hong Kong stocks will rise in the second half as Beijing's policy support is expected to revive earnings growth, according to Standard Chartered and UBS Group. Advertisement Standard Chartered was overweight on allocations to Chinese equities due to the de-escalation of tariff tensions with the US following the signing of a framework agreement last week, the UK bank said in a report on the second-half outlook on Monday. The bank said it preferred Chinese offshore stocks to onshore ones because many of them were growth companies that had strong upside potential and their valuations were lower than their peers in the US and Europe. Meanwhile, UBS predicted that the premium of mainland China-listed A shares to their Hong Kong counterparts would further narrow this year as more Chinese institutional investors hunted for bargains in Hong Kong via the Stock Connect trading link. A large screen shows the latest stock exchange and economy data in Shanghai. Photo: EPA-EFE 'We see increasing buying interest in H shares by mainland-based mutual funds,' said Meng Lei, a strategist with the Swiss Bank, on Monday, referring to the Hong Kong-listed stocks. 'The price gap between A and H shares is set to narrow further.' Advertisement Standard Chartered set a 12-month target of 25,500 for the Hang Seng Index, implying roughly a 5 per cent gain from the benchmark's current level. The Hang Seng Index advanced 20 per cent in the first half of the year, closing at 24,072.28 on Monday.
Yahoo
30-06-2025
- Business
- Yahoo
UBS Starts Planned $2 Billion Share Buyback Amid Capital Debate
(Bloomberg) -- UBS Group AG is launching a previously-announced share buyback of as much as $2 billion, amid uncertainty over the bank's longer-term payout plans. Philadelphia Transit System Votes to Cut Service by 45%, Hike Fares Squeezed by Crowds, the Roads of Central Park Are Being Reimagined Sao Paulo Pushes Out Favela Residents, Drug Users to Revive Its City Center Sprawl Is Still Not the Answer Mapping the Architectural History of New York's Chinatown The buyback is expected to kick off on July 1, UBS said in a release on Monday. The bank reiterated that it will 'communicate its 2026 capital return ambitions with its fourth quarter and full-year 2025 financial results early next year.' The Zurich-based bank is facing sharply higher capital requirements as a result of government regulation proposals unveiled earlier this month, casting doubt over investor returns beyond 2025. A draft reform bill that could see the bank having to maintain as much as $26 billion in extra capital will go through parliament in the coming years. UBS's share price has been hit by the Swiss capital reform, with the stock down slightly down this year to date, compared with a rise of about 30% for the wider European banking industry. The bank's leadership is exploring ways to mitigate the impact and it also continues to seek to convince the government that the rules should be softened. In February, the bank said it aimed to buy back up to $3 billion of its own shares this year. It has so far completed one third of that in the first half of the year as planned. Analysts have warned that the capital reform plan could crimp the bank's ability to make investor payouts, with a number reducing their buyback estimate to $3 billion starting from 2026. The Swiss government is finalizing the draft law to be sent to parliament, which is expected to debate them in 2027 though the new law likely won't take effect before 2029. As UBS can lobby lawmakers, there's a chance that the draft will be watered down. The government has proposed a phase-in period up to 8 years once the changes are agreed. America's Top Consumer-Sentiment Economist Is Worried How to Steal a House Inside Gap's Last-Ditch, Tariff-Addled Turnaround Push Apple Test-Drives Big-Screen Movie Strategy With F1 Does a Mamdani Victory and Bezos Blowback Mean Billionaires Beware? ©2025 Bloomberg L.P. Error al recuperar los datos Inicia sesión para acceder a tu cartera de valores Error al recuperar los datos Error al recuperar los datos Error al recuperar los datos Error al recuperar los datos
