{
}
An East Coast investment firm is challenging a $95 million arbitration award to an Iowa family who claimed they received poor advice on short-selling Tesla stock. UBS Financial Services and managing director Andrew Burish argue that the punitive damages awarded were excessive and that the Hansens, who faced significant losses, were savvy investors aware of Tesla's volatility. The family alleges fraud and breach of fiduciary duty, claiming Burish misled them about his own investment strategy.
UBS Group AG has announced the reduction of 180 jobs in Italy as part of its operational adjustments. The company operates across four main business areas: wealth management (49.4% of income), investment banking (22.1%), client and commercial banking (18.8%), and asset management (6.4%). By the end of 2024, UBS managed USD 745.8 billion in deposits and USD 580 billion in loans.
UBS Group AG is set to reduce its workforce in Italy by 180 positions. The company operates through four main sectors: wealth management (49.4% of revenues), investment banking (22.1%), retail and corporate banking (18.8%), and asset management (6.4%). By the end of 2024, UBS managed USD 745.8 billion in deposits and USD 580 billion in loans.
UBS Group AG has successfully integrated Credit Suisse units in India, enhancing its operational capabilities. The company is structured around four main businesses: wealth management (49.4% of revenues), investment banking (22.1%), retail and corporate banking (18.8%), and asset management (6.4%). By the end of 2024, UBS managed USD 745.8 billion in deposits and USD 580 billion in loans.
UBS Group AG has successfully integrated Credit Suisse units in India, enhancing its operational footprint. The company operates across four main business areas: wealth management (49.4% of income), investment banking (22.1%), client and commercial banking (18.8%), and asset management (6.4%). By the end of 2024, UBS managed USD 745.8 billion in deposits and USD 580 billion in loans.
UBS Group AG plans to cut 180 jobs in Italy as part of its operational adjustments. The company is structured around four core businesses: wealth management (49.4% of revenues), investment banking (22.1%), retail and corporate banking (18.8%), and asset management (6.4%). By the end of 2024, UBS managed USD 745.8 billion in deposits and USD 580 billion in loans.
UBS Group AG is set to reduce its workforce in Italy by 180 positions. The company operates across four main sectors: wealth management (49.4% of revenues), investment banking (22.1%), retail and corporate banking (18.8%), and asset management (6.4%). As of the end of 2024, UBS reported USD 745.8 billion in current deposits and USD 580 billion in current loans.
UBS Group AG has announced plans to reduce its workforce in Italy by one third, a significant move affecting its operations in the country. The Group operates across four main business areas: wealth management, investment banking, client and commercial banking, and asset management, managing USD 745.8 billion in deposits and USD 580 billion in loans by the end of 2024.
In 2024, Sergio Ermotti, CEO of UBS, topped the list of Europe's highest-paid bankers with a salary of 15.6 million euros, followed by Andrea Orcel of Unicredit at 13.2 million euros, marking a 32% increase. The average salary for CEOs of the top 10 European banks was 7 million euros, driven by exceptional profits from rising interest rates. Despite the substantial compensation, criticism arose regarding the high pay of bank executives, prompting Unicredit to defend Orcel's salary increase as essential for long-term commitment in a competitive market.
Bank of Montreal Can and Intact Investment Management Inc. increased their stakes in Lightspeed Commerce, with the former owning over 2 million shares and the latter nearly 1.7 million shares. Institutional investors hold 68.68% of the stock, which recently saw its price target cut by JPMorgan Chase & Co. from $13.00 to $10.00, reflecting a neutral rating. The stock traded down to $8.85, with analysts forecasting a modest earnings per share for the current fiscal year.
UBS Group AG
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
lawsuit seeks to overturn 95 million award in tesla investment case
UBS Group AG
Tesla, Inc.
USA
Noelle Hansen
Lindsey Hansen Valentini
Andrew Burish
Tyler Hansen
Nicholas Valentini
Jordan Nelson
Dennis Hansen
Elon Musk
Mark Kramer
Leslie Hansen
Bradley Nelson
Show more
21:33 01.04.2025
ubs group announces job cuts affecting 180 positions in italy
20:14 01.04.2025
ubs group announces job cuts affecting 180 positions in italy
20:14 01.04.2025
ubs completes credit suisse integration in india enhancing global operations
19:50 01.04.2025
ubs completes credit suisse integration in india enhancing global operations
19:50 01.04.2025
ubs group announces job cuts affecting 180 positions in italy
19:20 01.04.2025
ubs group announces job cuts affecting 180 positions in italy
19:20 01.04.2025
ubs plans to cut one third of jobs in italy
19:04 01.04.2025
european bank ceos see record salaries amid rising profits in 2024
Euro
United States Dollar
CREDIT AGRICOLE
Intesa Sanpaolo
BNP Paribas SA
Banco Santander, S.A.
UBS Group AG
UniCredit S.p.A.
BBVALIQ P
Inogen, Inc.
Deutsche Bank Money Market PP
FRA
ESP
NLD
ITA
TUR
DEU
CHE
Jean-Laurent Bonnafé
Slawomir Krupa
Philippe Brassac
Carlo Messina
Andrea Orcel
Christian Sewing
Hector Grisi
Sergio Ermotti
Steven van Rijswijk
Show more
18:41 01.04.2025
institutional investors increase stakes in lightspeed commerce amid mixed analyst ratings
Bank of Montreal
Nuveen Asset Management LLC
UBS Group AG
JPMorgan Chase & Co.
Intact Investment Management Inc. SA
Bank of America Corporation
Piper Sandler Cos
CAN
Show more
16:56 01.04.2025
Trending
Subcategory
Corporate News
Industry Trends
Stock Market Updates
Retail and Consumer Goods
Global Financial Events
Finance Mergers & Acquisitions
Global Trade Developments
Industry Mergers & Acquisitions
Central Bank Actions
CEO Changes
Banking Regulations
Supply Chain Management
Startups & Entrepreneurship
Energy Sector Developments
AI Innovations
Government Economic Policies
Cryptocurrency Trends
Market Analysis and Predictions
Workplace Trends
Private Equity Deals
Countries:
Companies:
The Goldman Sachs Group, Inc.
Bank of America Corporation
Alphabet Inc.
Apple Inc.
Tesla, Inc.
Citigroup Inc.
Barclays PLC
Wells Fargo & Company
Deutsche Bank RV Global PP
Commerzbank AG
PepsiCo, Inc.
Google Inc.
NVIDIA Corporation
BNP Paribas SA
UBS Group AG
Lloyds Banking Group plc
Wix.com Ltd.
BP Castrol K.K.
Valvoline Inc.
Bosch Limited
Currencies:
United States Dollar
Euro
Chinese Yuan
Swiss Franc
British Pound Sterling
Indian Rupee
Japanese Yen
Indonesian Rupiah
Canadian Dollar
Russian Ruble
United Arab Emirates Dirham
Offshore Chinese Yuan
Ghanaian Cedi
Hungarian Forint
Albanian Lek
South Korean Won
Brazilian Real
Singapore Dollar
Qatari Riyal
People:
Donald Trump
Elon Musk
Warren Buffett
Sergey Brin
Larry Page
Goldman Sachs
Kelvin Taylor
Carsten Fritsch
Christopher Chandler
Scott Bessent
Martin Schlegel
Jerome Powell
Kubra Khan
Joe Biden
Volkmar Baur
Christopher Wallerstedt
Brian Moynihan
Airlangga Hartarto
Francesco Gaetano Caltagirone
Leonardo Del Vecchio