UA

UBS Group AG

UBS
SWISS EXCHANGEFinancials
$50.80
USD
+1.07(+2.15%)
At close: Jun 18, 20:00 UTC

Open

$50.83

Prev. Close

$50.83

High

$50.84

Low

$50.76

Market Snapshot

EPS

32.77

Revenue

$199.85B

Why UBS moved

UBS Group advised clients to significantly reduce investments in tech stocks, citing heightened risks associated with a crowded artificial intelligence market and potential volatility.

About

UBS Group AG is a holding company, which engages in the provision of financial management solutions. The company is headquartered in Zurich, Zuerich and currently employs 104,427 full-time employees. The company went IPO on 2014-11-28. The firm operates as a wealth manager with focused asset management and investment banking capabilities and a capital-light and cash-generative business model. The firm comprises four business divisions: Global Wealth Management, which provides tailored advice and solutions to its clients around the globe; Personal & Corporate Banking division provides comprehensive financial products and services to private, corporate and institutional clients in Switzerland; Asset Management division offers investment capabilities and styles across all traditional and alternative asset classes, as well as advisory support to institutions; Investment Bank provides investment advice, financial solutions and capital markets access to institutional, corporate and wealth management clients.

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