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UBS Group AG [nb 1] is a multinational investment bank and financial services company founded and based in Switzerland. Headquartered simultaneously in Zürich and Basel , [ 9 ] it maintains a presence in all major financial centres as the largest Swiss banking institution and the largest private bank in the world.
UBS Group AG (UBS) stands out to be the first major European bank to pay full dividend for the year 2019 amid the pandemic-induced economic uncertainty.
CenterPoint Energy, Inc., headquartered in Houston, Texas, is a domestic energy delivery company. This top utility is a fantastic idea with multiple business silos and a 2.76% dividend ...
ZURICH (Reuters) -UBS Group plans to increase its dividend by 10% and expects 2022 share repurchases to exceed its $5 billion goal, the Swiss bank said, boosting payouts from its strong balance ...
According to Bloomberg News, UBS Group AG is likely to report a profit of as much as CHF51 billion ($57 billion) in the second-2023 quarter related to the negative goodwill generated by the acquisition of Credit Suisse. The Swiss subsidiary of Credit Suisse alone is said to be worth "multiple times" what UBS paid for it.
The historical UBS logo comprises the initials "UBS" horizontally, crossed by vertical "SBG", referring to the name of the bank in German. "UBS" ceased to be considered a representational abbreviation for the Union Bank of Switzerland after the bank's 1998 merger with Swiss Bank Corporation and is today considered a standalone brand.
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The all-stock merger resulted in the creation UBS AG, a huge new bank with total assets of more than US$590 billion. [39] Also referred to as the "New UBS" to distinguish itself from the former Union Bank of Switzerland, the combined bank became the second largest in the world, at that time, behind only the Bank of Tokyo-Mitsubishi. [39]