UBS Group AG Chief Executive Officer Sergio Ermotti said he will keep cutting headcount in the wake of the historic acquisition of Credit Suisse.

UBS Chief Executive Sergio Ermotti on Tuesday said it was currently premature for the Swiss bank to consider acquisitions as it continues to focus on the integration of Credit Suisse, which it bought in 2023.

UBS Group AG Chief Executive Officer Sergio Ermotti said he’s looking at whether to follow Wall Street peers in abandoning a key climate-finance alliance, as lenders seek to protect themselves from intensifying political pressure.

And therefore I don't see rates coming down as fast as people believe," Ermotti told CNBC. Freshly inaugurated U.S. President Donald Trump has threatened to impose 25% tariffs on Mexico and Canada, while also floating a separate set of retaliatory trade measures against China.

UBS Group has halted accepting certain bonds and shares of Hong Kong property developer New World Development as collateral for margin loans in recent weeks, Bloomberg News reported on Tuesday.

Intel's ( INTC, Financial) stock increased by 2% on Tuesday morning after UBS analysts kept their " Neutral " rating and set its price target at $23 for the company. Their forecast matches what most other analysts think, ranging from $19 to $31 per share, and they still mostly rate the stock as a "Hold".

In a new Global Research note from a team of UBS analysts headed by Economist George Tharenou, UBS sees “upside risk” for the domestic construction sector – meaning, more likely than not, more houses being built.

Narain says the moderation in India’s earnings growth is spreading to defensive parts of the economy — such as the consumer-staples sector — showing that temporary factors such as government capital expenditure are not the only reasons behind the slowdown.

Eric Sim, formerly a managing director at UBS, said people working doggedly towards retirement without knowing what they'll do with their new-found free time will "waste" their days.

Goldman Sachs and UBS have emerged as the leading mergers and acquisitions (M&A) financial advisers in South America for 2024, in terms of deal value and volume, respectively, according to the latest league table from GlobalData, a data and analytics firm.

RITM Stock Performance and Moving Averages. In recent trading, Rithm Capital Corp (RITM) stock price has shown some volatility, fluctuating 6.07% over the last five trades and 1.5

Globalfoundries Inc (GFS) stock saw a modest uptick, ending the day at $43.1 which represents a slight increase of $2.17 or 5.30% from the prior close of $40.93. The stock opened at $43.09 and touched a low of $42.