UBS

UBS to hire 50 HK wealth bankers after record revenue year

The Swiss bank, the largest private bank in Asia, hauled in US$62.5 billion of net new assets during 2025

UBS is continuing its search for a successor to CEO Sergio Ermotti, including external candidates, ahead of his expected departure by early next year.

UBS posts higher profit, signals US$3 billion buyback with upside

The bank plans to propose a dividend for 2025 of US$1.10 per share

In November 2023, UBS made trading in crypto-linked ETFs available to wealthy clients in Hong Kong.

UBS plans to offer crypto trading for some wealthy clients

It will be open to some clients of its private bank in Switzerland, then rolled out in Asia-Pacific and the US

UBS CEO Sergio Ermotti warned that “diversifying away from America is impossible” given its economic might.

There are no safe assets but diversify anyway, UBS CEO Ermotti says

He warns that asset prices are inevitably tied to geopolitical issues

Reaffirming his earlier comments, Ermotti said he will lead UBS until the Credit Suisse integration is complete, likely staying in his role until spring 2027.

UBS CEO Ermotti underlines his desire for internal successor

The bank is currently putting together the right candidates for the new leadership, he says

Ermotti, 65, who also headed UBS from 2011 to 2020, was drafted back in 2023 to steer the Credit Suisse takeover.

UBS CEO Sergio Ermotti plans to step down in April 2027 after completing Credit Suisse project: FT

The report comes at a time when UBS is trying to fight the Swiss government’s proposals to strengthen banking rules

The financing is expected to come in the form of high-yield bonds, possibly floating-rate notes, in line with Golden Goose’s previous debt.

Goldman, JPMorgan and UBS lead Golden Goose’s buyout debt

Temasek Holdings will take a minority stake in the Italian high-end sneaker producer

UBS said AT1 instruments should be strengthened and handled in line with practice followed in the EU and Britain.

UBS rejects proposed Swiss bank rules, moots less costly alternatives

The lender warns the proposal would add huge costs and threaten the continuation of its successful business model

One way to lower mortgage rates would be the further adoption of mortgages that do not allow for pre-payment, says Bill Ackman, CEO of Pershing Square Capital Management.

Affordability is Trump’s ‘greatest threat’ ahead of US midterm elections, says Bill Ackman in Singapore

The hedge fund manager says at a UBS wealth forum that he is bullish on markets and the overall economy