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UBS Group AG (UBSG.S)

UBSG.S on Virt-X Level 1

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Latest Key Developments (Source: Significant Developments)

UBS Acquires 13.04 Pct Shares In Despec By Purchasing 3.0 Mln Nominal Share
Wednesday, 21 Feb 2018 12:46am EST 

Feb 21 (Reuters) - PUBLIC DISCLOSURE PLATFORM (KAP)::UBS ACQUIRES 13.04 PERCENT SHARES IN DESPEC BILGISAYAR <<>> BY PURCHASING 3.0 MILLION NOMINAL SHARE .  Full Article

UBS Announces Changes To Group Executive Board
Thursday, 14 Dec 2017 01:15am EST 

Dec 14 (Reuters) - UBS Group Ag ::UBS ANNOUNCES CHANGES TO GROUP EXECUTIVE BOARD.UBS GROUP AG-MARTIN BLESSING, CURRENTLY PRESIDENT PERSONAL & CORPORATE BANKING AND PRESIDENT UBS SWITZERLAND, WILL BECOME PRESIDENT WEALTH MANAGEMENT.UBS GROUP AG -AXEL LEHMANN, CURRENTLY GROUP COO, WILL SUCCEED MARTIN BLESSING AS PRESIDENT PERSONAL & CORPORATE BANKING AND PRESIDENT UBS SWITZERLAND.  Full Article

Ex-associate director of UBS AG's Hong Kong branch gets 3-1/2-year imprisonment for bribery - ICAC
Thursday, 16 Nov 2017 04:21am EST 

Nov 16 (Reuters) - Hong Kong Independent Commission Against Corruption:Says Tu Bing, ex-associate director of UBS AG Hong Kong branch, gets three and a half years imprisonment for HK$1.46 million ($186,980.52) bribery.  Full Article

Hong Kong's ICAC charges ex-associate director of UBS for bribery
Friday, 27 Oct 2017 06:25am EDT 

Oct 27 (Reuters) - Hong Kong Independent Commission Against Corruption:Says charges former associate director of UBS AG Hong Kong branch for accepting bribes.Says the ex-associate director was guilty of HK$1.46 million ($187,100.33) bribery.  Full Article

Swiss watchdog alters capital rules for big banks
Friday, 27 Oct 2017 01:29am EDT 

Oct 27 (Reuters) - Swiss banking supervisor FINMA says::Swiss supervisor finma says - large banks: new capital adequacy treatment of holdings in subsidiaries, and update on recovery and resolution planning.Swiss supervisor finma says changing the way in which holdings in subsidiaries are treated when calculating capital adequacy requirements for switzerland's two large banks, credit suisse and ubs.Swiss supervisor finma says the changes will take effect retroactively as of 1 july 2017.Swiss supervisor finma says also providing information on the rebates granted to the two large banks in recognition of implemented measures to improve their global resolvability.Swiss supervisor finma says given their progress so far, finma sees the rebates as justified and has granted approximately one-third of the maximum rebate to both banks.  Full Article

UBS CEO says too early to talk about share buyback
Friday, 27 Oct 2017 01:25am EDT 

Oct 27 (Reuters) - Ubs Group AG :UBS CEO says too early to talk about share buyback - Bloomberg TV.  Full Article

UBS Asset Management to pay for research costs under Mifid II
Thursday, 14 Sep 2017 11:32am EDT 

Sept 14 (Reuters) - UBS Group :UBS Asset Management says to pay for investment research costs under Mifid II regulation..  Full Article

Van Lanschot Kempen completes acquisition of UBS's domestic wealth management activities in Netherlands
Friday, 25 Aug 2017 02:21am EDT 

Aug 25 (Reuters) - VAN LANSCHOT KEMPEN NV ::VAN LANSCHOT KEMPEN COMPLETES ACQUISITION OF UBS'S DOMESTIC WEALTH MANAGEMENT ACTIVITIES IN THE NETHERLANDS.  Full Article

UBS CFO: expect RWA inflation of around 6 bln Sfr in H2
Friday, 28 Jul 2017 04:47am EDT 

July 28 (Reuters) - Ubs Group Ag :CEO says capital returns policy remains unchanged, very comfortable with both CET1 ratios.CFO says for the second half of 2017 we expect around 3 billion of outflows related to euro deposit charging as well as cross-border outflows of around 11 billion, peaking in q4.CFO says for second half of 2017 expect around 6 billion Sfr increase in risk-weighted assets from regulatory increases.CFO says still feel very good about reaffirming guidance for net margin of 25-30 basis points in wealth management division.CEO says medium- to long-term we are focusing on organic growth and fuelling growth engine in wealth management, particularly in U.S. and Asia; China a top priority.  Full Article

UBS CEO says too early decide staffing amid Brexit - BBG
Friday, 28 Jul 2017 01:13am EDT 

July 28 (Reuters) - UBS Group AG :UBS CEO says too early to make call on exactly what to do about staffing after Brexit - bloomberg tv.  Full Article