|Bid||15.80 x 2900|
|Ask||16.52 x 1800|
|Day's range||15.77 - 16.14|
|52-week range||14.42 - 21.49|
|Beta (5Y monthly)||1.17|
|PE ratio (TTM)||7.40|
|Forward dividend & yield||0.50 (3.10%)|
|Ex-dividend date||12 Apr 2022|
|1y target est||18.56|
(Bloomberg) -- UBS Group AG agreed to pay the US Securities and Exchange Commission $25 million in penalties to settle allegations that some its advisers recommended a complex investment strategy involving options that may not have been in their clients’ best interest.Most Read from BloombergTrump’s Final Scene Didn’t Go According to ScriptDemocrats Weigh Paring Biden Tax Hike to Win Over ManchinVenice Plans to Start Weeding Out Cheap TouristsFauci Suffers Covid Symptom Rebound After Course of P
UBS has begun courting large US investment houses to become top shareholders, as the Swiss lender attempts to improve its market value to be closer aligned with Wall Street peers. New chair Colm Kelleher and chief executive Ralph Hamers have been holding a series of meetings with influential US fund managers in recent months to tempt them to increase their stakes in the bank, according to people with knowledge of the discussions. The UBS board has grown frustrated that the business — which is the world’s biggest wealth manager — trades at a discount to Wall Street banks, which they believe is due to a negative perception of European and Swiss lenders.
WASHINGTON, June 24, 2022--UBS Private Wealth Management today announced that Private Wealth Advisors Mikail Qazi and Timothy Martin have joined the firm in Washington, D.C. The team manages approximately $500 million in client assets for high net worth and ultra-high net worth individuals and families. Mikail and Timothy join the UBS Northeast Private Wealth market, managed by Julie Fox, and report to Branch Manager Brendan Graham.