-
UBS CEO Reportedly Sees Credit Suisse Takeover As Growth Opportunity: 'Did Not Buy…Only To Close It'
Tuesday, March 28, 2023 - 12:57am | 388Read More...UBS Group AG (NYSE:UBS) CEO Ralph Hamers reportedly said on Monday the Swiss lender views its government-orchestrated takeover of Credit Suisse Group AG (NYSE:CS) as a growth opportunity. What Happened: “While we did not seek this transaction, we were prepared, and we see it as an opportunity...
-
UBS To Acquire Wealthfront For $1.4B In 'Digital-Led Wealth Management' Push
Friday, January 28, 2022 - 4:09pm | 353Read More...In an all-cash transaction, UBS Group AG (NYSE: UBS) will acquire fintech Wealthfront For $1.4 billion. The acquisition of this next-generation banking service plays into UBS’ commitment to delivering scalable, digital-first wealth management solution to customers. Wealthfront helps users...
-
Fintech Focus For June 7, 2021
Monday, June 7, 2021 - 8:06pm | 1842Read More...Quote To Start The Day: "The secret of success is to do the common thing uncommonly well." Source: John D. Rockefeller Jr. One Big Thing In Fintech: UBS’s new hybrid digital wealth management platform has attracted $3.7 billion in its first year, boosting chief executive Ralph...
-
Market Wrap For March 31: Stocks Rally As Yellen Confirms Support For Economy
Monday, March 31, 2014 - 4:37pm | 2097Read More...U.S. stocks rose in the final day of the first quarter as the Fed's boss Janet Yellen said there is still room for the central bank to further boost the economy. Yellen, speaking in Chicago today, said the scars from the Great Recession remain, and reaching our goals will take time." Yellen...
