Tag: UBS

HSBC, UBS exit Nigeria on FDI drought
Global

HSBC, UBS exit Nigeria on FDI drought

Swiss investment baking giants, HSBC and UBS have exited their Nigerian operations as foreign direct investment continues to slump in Africa’s largest economy. The Swiss National Bank, SNB (the country’s central bank equivalent) said that foreign direct investment in Nigeria fell to 379.84 billion naira ($1.2 billion) in the first […]

Jeremy Anderson to join the board of UBS
Global

Jeremy Anderson to join the board of UBS

UBS said its Board of Directors will nominate Jeremy Anderson for election to the Board of UBS Group AG at the Annual General Meeting of Shareholders on 3 May 2018 and for election to the Board of UBS AG. Mr. Jeremy Anderson serves as Head of Markets – ELLP at KPMG LLP. […]

Global

UBS reports 39% growth in Q3 pre-tax profit

Swiss investment bank, UBS said net profit attributable to shareholders up 14% year on year to CHF 946 million for the third quarter. Reported profit before tax increased by 39% to CHF 1,221m and adjusted profit before tax increased by 16% to CHF 1,506m. The net tax expense for the […]

GIC Private sells 2.4% shares in UBS Group
Global

GIC Private sells 2.4% shares in UBS Group

UBS Group AG said GIC Private Limited that it intends to sell up to 93 million existing shares in UBS Group AG. The total shares to be sold is equivalent to 2.4% of the outstanding shares and voting rights in UBS Group AG through an accelerated bookbuild offering to institutional […]