公司业绩 - UBS集团在2024年第一季度取得了出色的业绩，整合瑞士信贷的进展顺利，收入增长4%，费用下降12%[1] - 公司在财报中详细列出了税前利润和基础税前利润的比较，展示了本季度约2.5亿美元的净差额[2] - 所有业务板块都在良好增长，尤其是全球财富管理和资产管理，尽管在瑞士信贷合并后可能存在一些客户流失，但增长依然强劲[3] - 公司在降低费用和资产负债表方面取得了显著进展，RoCET1达到9.6%，虽然仍低于公司目标，但在不断改善[4]

UBS Group AG (UBS) reported a first-quarter 2024 net profit attributable to shareholders of $1.75 billion, which surged 70.6% from the year-ago quarter. Results benefited from a rise in total revenues, driven in part by the acquisition of Credit Suisse. However, an increase in operating expenses, along with a significant rise in credit loss expenses, is a near-term concern. The performance of the Asset Management, Personal & Corporate Banking and Investment Bank divisions was impressive. However, Global Wea ...

财务数据和关键指标变化 - 报告净利润为18亿美元,基础税前利润为26亿美元,普通股权一级资本回报率为9.6% [6] - 资本充足率为14.8%,较上季度提高40个基点 [57] 各条业务线数据和关键指标变化 - 财富管理业务税前利润增加一倍至13亿美元,净新资产27亿美元 [36][38] - 个人和企业银行业务税前利润增加11%至7.74亿瑞士法郎,收入增加4% [43][44] - 资产管理业务税前利润下降2%至1.82亿美元,净新资金21亿美元 [47] - 投资银行业务实现税前利润4.04亿美元,收入增加4% [49][50] 各个市场数据和关键指标变化 - 财富管理业务在美洲、瑞士和亚太地区均有强劲表现 [36] - 投资银行业务在美国市场表现出色,收入增长29% [49] 公司战略和发展方向及行业竞争 - 正在执行整合计划,预计到2026年将非核心和遗留资产降至集团风险加权资产的5%以下 [13] - 正在简化法律实体结构,预计到2024年底完成母公司银行合并和美国中间控股公司过渡 [7][8] - 将继续保持资本回报,计划2024年增加中单位数百分比的股息,并在母公司银行合并后恢复最高10亿美元的股票回购 [14] - 对瑞士监管机构提出的进一步加强"太大而不能倒"监管制度持建设性态度,将积极参与讨论 [15][16][22] 管理层对经营环境和未来前景的评论 - 宏观经济和地缘政治不确定性持续,但客户风险偏好和活动有所改善 [11] - 预计2024年下半年及2025年以后将实现更多整合带来的成本、资本、资金和税收效益 [8] - 对2024年全年财富管理业务净息差保持乐观,预计仅略有下降 [39][44] 问答环节重要的提问和回答 问题1 **Alastair Ryan 提问** 询问非核心业务的表现和未来走向 [64] **Todd Tuckner 回答** 非核心业务的成本和资产减少并不是线性关系,而是根据具体情况而定。公司将继续以最优化价值的方式加快资产退出 [69][70] 问题2 **Chris Hallam 提问** 询问成本节约进度对净成本节约目标的影响,以及对资本回报率路径的影响 [73][74] **Todd Tuckner 回答** 成本节约进度良好,但公司仍将保持投资以支持业务增长,因此不会改变此前给出的资本回报率目标 [75][76] 问题3 **Kian Abouhossein 提问** 询问公司在收购Credit Suisse时是否有特殊条款,以及未来监管变化的应对措施 [82][83] **Sergio Ermotti 回答** 在收购过程中确实有一些特殊条款,但公司现在无法对未来监管变化做出具体预测和回应,将保持专注执行既定战略 [84][85]

UBS Group AG, the Swiss multinational investment bank and financial services firm, released its quarterly earnings report for Q1 of FY24 on 7 May 2024. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins. The company reported a net profit of $1.8 billion and an underlying PBT of $2.6 billion, with 15% growth Q1 in underlying revenues, and a 5% quarter- on-quarter reduction in underlying operating expenses, resulting in significant positive operating lever ...

UBS Group AG (UBS) , following its acquisition of Credit Suisse, plans to cut jobs in five separate waves, starting this June. In August 2023, UBS announced its plan to lay off around one in 12 employees in Switzerland to reduce costs by more than $10 billion by 2026. In total, 50-60% of former Credit Suisse employees are likely to be made redundant. The news was reported by Reuters, which cited the SonntagsZeitung newspaper. UBS' plan to reduce costs will mainly result from cutting its workforce. According ...

UBS Group AG (UBS) is considering attaining the complete ownership of its operations in China. In order to do so, UBS will swap its holding in Credit Suisse’s (“CS”) onshore securities business with a Beijing government investment fund. This news was reported by Bloomberg, citing people familiar with the matter. Particularly, UBS Group will acquire 33% stake held in its joint venture with Beijing State-Owned Assets Management Co., UBS Securities Co. In return, UBS is willing to sell part of or its entire 51 ...

UBS logo is seen at the office building in Krakow, Poland on February 22, 2024. (Photo by Jakub ... [+] Porzycki/NurPhoto via Getty Images) NurPhoto via Getty Images UBS’ stock (NYSE: UBS) has gained 1% YTD, whereas S&P500 has increased 9% over the same period. Further, at the current price of $31 per share, it is trading at par with its fair value – Trefis’ estimate for UBS’s valuation. Amid the current financial backdrop, UBS stock has seen extremely strong gains of 100% from levels of $15 in early Januar ...

UBS集团与Sumi Trust Wealth Management Co.合资企业 - UBS集团宣布与Sumi Trust Wealth Management Co.合资企业将收购瑞士信贷（Credit Suisse）在日本的财富管理业务[1] - UBS集团和Sumi将重新调整投资，继续保持初始所有权安排，UBS保留51％的股权，Sumi保持49％的股权[2] - 预计在2024年6月底前完成UBS与瑞士信贷的合并，CS的顾问和日本的财富管理资产将转移到合资企业[3] UBS集团的收购和业务发展 - UBS集团于2023年6月完成了对瑞士信贷的收购，旨在增强财富和资产管理能力，并帮助发展资本轻型业务[4] - UBS集团通过战略合作伙伴关系和收购大幅增强了其地理覆盖范围和扩大了业务[5] - 公司的全球财富管理部门是其最大的收入来源，截至2023年12月31日，其投资资产达到3.8万亿美元，在亚洲、拉丁美洲、欧洲中东非和瑞士的投资资产方面位居第一[6] UBS股票表现和市场趋势 - 过去六个月，UBS股票在纽约证券交易所上涨了27％，超过行业的17％增长[7] AB和Societe Generale的合资企业Bernstein - AB和Societe Generale推出了Bernstein合资企业，旨在重新定义全球现金股票和股票研究领域[8] - Bernstein结合了AB和SCGLY的优势，为机构投资者、公司和金融机构提供全面的见解和无与伦比的对北美、欧洲和亚太地区股票市场的访问[9]

UBS Group AG (UBS) has announced a new share repurchase program. Under the plan, starting from Apr 3, the company is authorized to buy back up to $2 billion worth of common stock. The program will expire on Apr 2, 2026. This year, UBS is expected to buy back up to $1 billion worth of shares under the new plan. This will start following the completion of the merger between UBS AG and Credit Suisse AG, which is expected to take place in the second quarter of 2024. The merger deal was announced on Mar 19, 2023 ...

Key Takeaways UBS Group announced Tuesday that it would be repurchasing up to $2 billion of its shares over the next two years. The Swiss financial firm said the first billion of the buybacks would occur following the completion of its merger with rival Credit Suisse, which it expects by the end of this quarter. UBS said its goal is for share repurchases to exceed their pre-acquisition level by 2026. UBS Group AG (UBS) said Tuesday it is launching a new $2 billion stock buyback program over the next two yea ...