UBS faces a long wait for M&A share-price boost as investors remain cool on its Credit Suisse acquisition. Lingering legal and integration risks suggest it may take a while before the deal's fruits translate into a higher valuation. UBS reported stronger-than-expected client inflows in its wealth-management business, boosted by the first signs of stabilization at Credit Suisse. Analysts largely welcomed the UBS results but warned the bank is not yet out of the woods as it continues to face a huge task, including client and key staff retention. UBS decides to exit $5 billion in assets it manages for rich customers. UBS is under pressure to issue billions of dollars of new AT1s in the coming years to make its layers of bank capital more efficient. UBS CEO Sergio Ermotti says AT1 is a very important element of their capital stack and they have credibility to continue using it. The strong demand for UBS's sale of additional tier 1 bonds is a positive sign for market confidence in the bank and the Swiss financial system, according to CEO Sergio Ermotti. UBS boss Sergio Ermotti pushes back against suggestions that cultural differences between UBS and Credit Suisse are complicating the integration of the former rivals.
The strong demand for UBS's sale of additional tier 1 bonds is a positive sign for market confidence in the bank and the Swiss financial system, according to CEO Sergio Ermotti https://t.co/PznU4eHzc2 #NewEconomyForum
UBS boss Sergio Ermotti pushes back against suggestions that cultural differences between his bank and Credit Suisse are complicating the integration of the former rivals https://t.co/HvnV1rbVhL
UBS boss Sergio Ermotti pushes back against suggestions that cultural differences between his bank and Credit Suisse are complicating the integration of the former rivals https://t.co/JyHjTPwKWx
The strong demand for UBS's sale of additional tier 1 bonds is a positive sign for market confidence in the bank and the Swiss financial system, according to CEO Sergio Ermotti https://t.co/UT0jg7esQs #NewEconomyForum
The strong demand for UBS's sale of additional tier 1 bonds is a positive sign for market confidence in the bank and the Swiss financial system, according to CEO Sergio Ermotti https://t.co/1uBBN8hjpg
"AT1 is a very important element of our capital stack and of course we have credibility to continue to use it," says UBS CEO Sergio Ermotti while speaking at the Bloomberg #NewEconomyForum in Singapore. Latest here: https://t.co/S2yyTTTPk2 https://t.co/4G2dZdQEXu
UBS decides to exit $5 billion in assets it manages for rich customers https://t.co/lMdn3tgGRu
UBS is under pressure to issue billions of dollars of new AT1s in the coming years to make its layers of bank capital more efficient https://t.co/tAq8Vle49n https://t.co/TDLzPEtB2m
UBS decides to exit $5 billion in assets it manages for rich customers https://t.co/C9pEn5zqm8
WATCH: Analysts largely welcomed the UBS results but, warned the bank is not yet out of the woods as it continues to face a huge task, including client & key staff retention https://t.co/CSva7y7bIi https://t.co/1s74qY790p
Analysts largely welcomed the UBS results but, warned the bank is not yet out of the woods as it continues to face a huge task, including client & key staff retention https://t.co/eCO5p5NDlE https://t.co/xwO45fzBQA
UBS reported stronger-than-expected client inflows in its wealth-management business, boosted by the first signs of stabilization at Credit Suisse: Here’s your Evening Briefing https://t.co/hdYDpm0Kb1
UBS: bank seeks rich pickings amid intensifying competition https://t.co/QPR3PU63Tr | opinion
Breakingviews - UBS faces a long wait for M&A share-price boost https://t.co/vQrvFU9g7s
On @Breakingviews: Sergio Ermotti is racking up M&A wins. But investors in UBS still seem cool on his Credit Suisse acquisition. Lingering legal and integration risks suggest it may be a while before the deal’s fruits translate into a higher valuation https://t.co/zE1WbegupE
Breakingviews - UBS faces a long wait for M&A share-price boost https://t.co/BtLIYIUjRT