UBS

The Latest

  • UBS Taps Former China Banking Watchdog Official As New Asia Strategy Head
    UBS China
    UBS has hired former CBIRC and PBOC senior official, Alan Wang, as its new managing director for its Chinese businesses.
  • UBS Retains Sell Rating For Tesla Despite Doubling Price Targets
    Tesla Stock Price
    Analysts at UBS Group AG have increased Tesla's price targets from $160 per share to $410 per share but still retained its sell rating.
  • UBS To Pay $51 Million As Penalty For Overcharging Hong Kong Trade Clients
    USB Hong Kong
    Hong Kong's Securities and Futures Commission fined UBS $51.06 million for overcharging its trade customers for close to a decade.
  • First Foreign Lender Green Lighted By China To Take Over Joint Venture
    Full Control Ahead For Foreign Lender UBS Over Joint China Venture
    Union Bank of Switzerland is to take over its Chinese securities joint venture in 2020 as the first foreign lender approved.
  • Family Offices Private Wealth Management Of Asia’s Affluent Families
    Investment Among Asia's Ultra Rich Changed By Family Offices
    Private wealth management advisory firms outsources tech instead of foreign-exchange trading for Asia’s rich families’ sustainable investment.
  • One-Third Of Investors Expect Recession In 12 Months: Survey
    Bank of America Merrill Lynch
    The Bank of America Merrill Lynch's August Fund Manager Survey has shown that a third of fund managers now expect a recession to occur within the next 12 months.
  • EU Antitrust Regulators Fine Five Banks $1.2 Billion For Forex Rigging
    European Commission
    Barclays, JP Morgan, MUFG, Royal Bank of Scotland, and Citigroup have been collectively fined $1.2 billion by EU regulators for their involvement in forex rigging.
  • UBS Analyst Predicts 'Technical Hurdles' in Apple’s 2021 Target Date
    iPhone X - Notch
    Apple is still in the dark on the name that will help them make a 5G iPhone
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