UBS Group

UBS

Market cap $133B

FedEx Corp (NYSE:FDX, XETRA:FDX) is facing an “optically tough” leadership transition as its chief financial officer steps down ahead of a planned freight spin-off, but UBS said the move is consistent with the company's financial strategy and maintained a positive view on the stock. CFO John Dietrich will step down effective June 1, capping a three-year tenure that followed his previous role as CEO of Atlas Air Worldwide Holdings, the company announced.

Sergio Ermotti could stay as CEO well ​into the second half of 2027 to steer UBS through a regulatory overhaul and give the board more time ‌to replace him, as an obvious internal successor has yet to emerge, people familiar with the matter said.

PHILADELPHIA--(BUSINESS WIRE)--UBS Wealth Management USA today announced several leadership appointments and real estate changes in its Southeast Wealth Management Region, underscoring the firm's ongoing investment in its financial advisors and the clients they serve. The Southeast Region, which has seen an influx of wealth in recent years, encompasses some of the nation's fastest growing wealth centers, including Philadelphia, Washington, D.C., Charlotte, Charleston, Nashville, Miami, Palm Bea.

Switzerland's Criminal ​Court said on ‌Friday it had discontinued ​proceedings against ​Swiss bank UBS ⁠in a ​case tied ​to suspected money laundering in Mozambique.

A U.S. judge on Tuesday rejected UBS' bid to modify a $1.25 ​billion settlement from 1999 of Holocaust-related litigation ‌against Swiss banks by shielding it from claims based on new revelations about Nazi-linked accounts.

Switzerland is expected to ​flesh out stricter capital rules for UBS this month, a major step in determining the future of the banking giant ‌that may even influence whether it chooses to remain based in the country.

NEW YORK--(BUSINESS WIRE)--UBS Investment Bank today announced coupon payments for 9 ETRACS Exchange Traded Notes traded on the NYSE Arca and expected coupon payments for 3 ETRACS Exchange Traded Notes traded on NASDAQ (together, the “ETNs”). NYSE Ticker ETN Name and Prospectus Supplementa Coupon Valuation Date Ex-Date Record Date Payment Date Coupon Amount Payment Schedule Current Yield (annualized) MLPBb ETRACS Alerian MLP Infrastructure Index ETN Series B 3/30/2026 4/13/2026 4/13/2026 4/21/2.

UBS Group stock rises 6.5% as Swiss lawmakers signal softer capital rules, easing $22B requirement concerns and boosting return outlook.

UBS CEO Sergio Ermotti said on Tuesday he ​would remain at the helm of the Swiss ‌bank until at least April 2027, and left open the possibility of staying on for longer.

Ros L'Esperance, one of UBS's most senior investment bankers, is leaving the ​Swiss bank at the end of the month, ‌according to an internal memo seen by Reuters.