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UBS Group AG
Zest
UBS, Citigroup differ on how MAS’s move to cap bank dividend payouts will pan out
UBS Group AG and Citigroup Inc. are at odds on how Singapore’s move to cap dividend payouts at the nation’s banks will play out for equity investors.
July 30, 2020
Zest
UBS is cutting 40 banking jobs in Asia
(Oct 21): UBS Group AG is cutting about 40 jobs in Asia Pacific as part of a global push to trim costs and combine its trading units, according to a person familiar with the matter.
October 21, 2019
Results
UBS warns on client activity after US$13 billion of outflows
SINGAPORE (Jan 22): UBS Group AG warned client activity is still recovering after investors pulled US$13 billion ($17.7 billion) of assets in the final quarter of last year and said that wealth management revenues will be hit by the market declines.
January 22, 2019
Succession planning
After amassing $30 tril, Asia's rich face succession pains
(Sept 26): Having a grandfather with four wives can make for some complex succession issues, as Cheong Wing Kiat found when running his family’s Singapore-based drug company a few years ago.
September 26, 2018
Swiss banks survive 'economic war' of global secrecy crackdown
(Aug 29): When Switzerland pushes the button to send data on offshore bank accounts to foreign tax agencies this fall, it will be doing what was once virtually unthinkable: abandoning the absolute secrecy once afforded to anyone parking their cash in Zuri
August 29, 2018
Would you pay US$40,000 a year for basic equity research?
SINGAPORE (Aug 16): By Jan 2018, UBS Group AG may charge its clients about US$40,000 ($54,690) a year for access to its basic markets in financial instruments directive (MiFID) research, according to Reuters.
August 16, 2017
Asia's big private banks boost assets under management to record
SINGAPORE (April 11): Asia’s biggest private banks boosted their assets under management to a record last year, rebounding from a 2015 contraction, amid acquisitions that swelled some firms’ portfolio holdings.
April 11, 2017
Global Markets
Putting all our eggs in China's basket was a mistake: UBS
HONG KONG (March 29): UBS Group AG, which built an Asian investment-banking powerhouse around the strength of its China business, is finding that excessive reliance on one single market can be a bad thing.
March 29, 2017
Commentary
How StanChart's heavier Singapore fine could look light: Bloomberg Gadfly
SINGAPORE (Dec 2): The kind that Standard Chartered Plc may have unwittingly facilitated is 86% more shameful than control lapses at DBS Group Holdings and UBS Group AG. Or so it seems from the simple arithmetic of financial penalties imposed by the Monet
December 02, 2016
Currencies
UBS’s currency trading volume hit record as pound crashed
SINGAPORE (Oct 21): UBS Group AG, the world’s third-biggest currency trader, said it processed a record number of currency trades during the minutes of the pound’s flash crash this month.
October 21, 2016