Europe's biggest bank cautioned that high levels of uncertainty meant it was keeping the bulk of the $3 billion it set aside a year ago to cover potential bad debts.
The investigation comes only a month after Hamers became head of UBS.
JD had earlier announced buybacks of $1 billion each in 2015 and 2018, respectively.
Company chart and information is provided by TradingView based on 15-minute-delayed data.
UBS is the world's largest wealth manager and is the product of multiple mergers over the years. Apart from wealth and asset management, it operates a universal bank in Switzerland and a global investment bank.
| Website: | www.ubs.com |
| Main Phone: | +41 442341111 |
| Address: | Bahnhofstrasse 45 |
| City / Town: | Zurich |
| Country: | CH |
| Postal Code: | CH-8001 |
| Exchange: | NYE |
| CEO: | Sergio P. Ermotti |
| Employees: | 71551 |
Europe's biggest bank cautioned that high levels of uncertainty meant it was keeping the bulk of the $3 billion it set aside a year ago to cover potential bad debts.
The investigation comes only a month after Hamers became head of UBS.
JD had earlier announced buybacks of $1 billion each in 2015 and 2018, respectively.
WeWork might not be the largest IPO of 2019, but it is easily the most ridiculous, and the most dangerous.
Disruptive companies are taking market share from banks just like Amazon did from traditional retailers.
A look at two of the featured stocks from this month’s model portfolios.
Since 2015, Microsoft MSFT shares have risen an average of 31% annually. And the real growth lies ahead as more companies embrace the cloud and SaaS applications.
It may be wise to remain cautious in this bull market.
In today’s era of sophisticated algorithm-based trading, there’s no excuse for mediocre returns.
While Fed starts tapering, the interest rate is likely to go up sometime in the near future. In the meantime, Bank of America's (BAC) interest margins are going up and non-interest income
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