And therefore I don't see rates coming down as fast as people believe," Ermotti told CNBC. Freshly inaugurated U.S. President Donald Trump has threatened to impose 25% tariffs on Mexico and Canada, while also floating a separate set of retaliatory trade measures against China.

UBS CEO Sergio Ermotti joins 'Squawk Box' to discuss the state of the global banking industry, impact of the incoming Trump administration, banking regulation in the U.S., state of UBS-Credit Suisse acquisition,

UBS Group has halted accepting certain bonds and shares of Hong Kong property developer New World Development as collateral for margin loans in recent weeks, Bloomberg News reported on Tuesday.

The U.S. Department of Labor granted UBS a waiver the Swiss bank needs to continue managing U.S. retirement plans after a paperwork error had put the $11 billion of assets the lender oversees at risk,

UBS revised its quarter-end forecasts for the US dollar against the Polish zloty ( USDPLN ), citing a range of factors including the potential challenges Europe and Poland may face from Donald Trump's possible second presidency, robust US economic data, and lackluster European figures.

UBS Group AG has removed Credit Suisse’s signs at its one-time arch-rival’s former headquarters in Zurich, replacing them with its own.

UBS analyst Brennan Hawken raised the firm’s price target on Goldman Sachs (GS) to $640 from $610 and keeps a Neutral rating on the shares. The

Goldman Sachs and UBS have emerged as the leading mergers and acquisitions (M&A) financial advisers in South America for 2024, in terms of deal value and volume, respectively, according to the latest league table from GlobalData, a data and analytics firm.

(Reuters) - UBS is set to pay a minimum of hundreds of millions of dollars to settle Credit Suisse's violations of an earlier agreement with the U.S. Department of Justice over customers in the U.S. who evaded tax, the Wall Street Journal reported on Thursday.

UBS also highlighted the potential for current account improvements, driven by a strong agricultural output in the first quarter of the year. These factors, combined with the stabilization of additional pressures that weighed on the BRL towards the end of 2024,

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Webster Financial (WBS – Research Report),

UBS Group AG halted accepting some bonds and shares of New World Development Co. as collateral for margin loans, joining other global lenders in suspending such financing for rich clients, according to people familiar with the matter.