PORTLAND, Ore.--(BUSINESS WIRE)--UBS Wealth Management USA today announced that Cy Aleman has joined the firm as Market Director for Oregon in the Pacific Northwest Market. He will be based in the Portland area and will oversee the firm's financial advisors and support staff located in the Bend, Eugene, Lake Oswego, Medford and Portland offices. His primary responsibilities will also include ex...
UBS has raised its year-end forecast for one of the most tracked and invested global stock market indexes, implying 6% upside potential from current levels. The MSCI All Country World index prediction was lifted to 830 from 800 on Tuesday by the equity strategists at the Swiss bank, citing seven key reasons.
NEW YORK--(BUSINESS WIRE)--UBS Group AG announced on May 31, 2024, that it has completed the merger of UBS AG and Credit Suisse AG (the “Parent Bank Merger” or “PBM”). At the effective time of the PBM, Credit Suisse AG was deregistered in the Commercial Register of the Canton of Zurich and has ceased to exist as a separate entity. With the PBM, UBS AG has succeeded to all the rights and obligat...
PHILADELPHIA--(BUSINESS WIRE)--UBS today announced that financial advisor team The Adams Group has joined the firm. The team, which manages over $170 million in client assets, is led by Financial Advisor Mariam Adams, and also includes Client Service Associate Albert Ortiz. The Adams Group provides a wide array of financial services to clients from diverse backgrounds with a focus on advising L...
Recent disclosures from Nvidia highlight just how concentrated its customer base is. The company said just two customers represented 24% of its revenue in the first quarter.
Following is a timeline outlining the 168-year history of Credit Suisse Group, the Zurich-based bank that was formally absorbed on Friday by Swiss rival UBS after a 3 billion franc takeover last year.
Swiss bank UBS said on Friday it had completed the merger of the main parent companies of the Swiss lender and its longtime rival Credit Suisse, which it acquired last year.
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