empty
21.02.2020 11:09 AM
UBS is bullish!

This image is no longer relevant

The next CEO of UBS will be ING CEO Ralph Hamers. It was announced on Wednesday, and stocks rose by 1% on Thursday.

Announcing the selection, UBS Chairman Axel Weber said that "Hamers is the right CEO to lead our business to the next stage. An experienced and respected banker with proven experience in digital transformation, Ralph has an impressive track record of leading ING Group for more than six years. As the industry undergoes fundamental changes, Ralph will become the person who will lead the ongoing transformation of UBS, and develop its successful strategy as the world's largest and only truly capital manager and leading universal bank in Switzerland, enhanced by its investment bank and asset management."

About a month has passed since the last UBS earnings report, where the stock rose about 2.5%, surpassing the S&P 500.

As for its latest earnings, the UBS Group's fourth quarter revenue increased from a year earlier, due to lower expenses.

The UBS Group AG reported that in the fourth quarter of 2019, net income attributable to shareholders was $ 722 million, as compared to $ 315 million in the previous year.

The company's operations were supported by higher net interest income (an increase of 3% year-on-year), and an increase in net commission income (an increase of 3%). Cost reduction was also associated.

In 2019, the company reported that net income attributable to shareholders was $ 4.3 billion, down by 4.7% from last year.

Thus: income is rising, while expenses are falling.

The company expects that monetary easing by central banks will contribute to strong results in the financial markets.

Although the macroeconomic and geopolitical situation remains uncertain, the company expects to maintain its earnings in the first quarter of 2020. This is because customers are now more active, and UBS Group expects to generate higher transaction revenues. Moreover, high asset prices are likely to have a positive impact on the recurring commission income in the collection business.

In the first half of 2020, the company plans to buy back shares worth about $ 450 million, completing a program worth 2 billion Swiss francs. Meanwhile, in the second half of 2020, the company will evaluate further buyouts, depending on the business outlook and any specific events that may happen.

Over a three-year period, the company aims to expand its business and increase its profits by growing each of its businesses, using its unique, integrated and complementary business portfolio and geographic reach.

As a result, loans are expected to grow by about $ 20 billion a year from 2020 to 2022.

The company expects a 10-15% pre-tax profit increase for its Global Wealth Management division.

Thus, purchases must be checked out:

This image is no longer relevant

Good luck in trading and control your risks!

Andrey Shevchenko,
Analytical expert of InstaForex
© 2007-2025
选择时间框架
5
分钟
15
分钟
30
分钟
1
小时
4
小时
1
1
通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

推荐文章

歐元/美元。分析與預測

今天,歐元/美元匯率呈現一些積極的趨勢,打破了連續六天的下跌趨勢。 這種看漲的動能正在將現貨價格推向1.0785水準,創下新的每日高點。

Irina Yanina 09:58 2025-03-27 UTC+2

誰會有任何疑問?特朗普仍然堅持他的經濟路線(英鎊/美元可能下跌,#SPX可能上升)

儘管政治操控不斷,美國總統唐納德·川普始終堅持他的經濟戰略。這一策略旨在打破長期以來的全球經濟模式,該模式是美國主要生產金錢,而世界其他國家提供商品。

Pati Gani 08:17 2025-03-27 UTC+2

市場選錯了青睞者

爬得越高,跌得越重。由於唐納·川普宣布對汽車徵收25%的關稅,S&P 500指數因此大幅下跌。

Marek Petkovich 08:13 2025-03-27 UTC+2

3月27日要注意什麼?初學者的基本事件介紹

週四安排的宏觀經濟事件非常少,而被認為重要的更是少之又少。唯一值得關注的報告是去年第四季度美國國內生產總值(GDP)的第三次估計值。

Paolo Greco 05:42 2025-03-27 UTC+2

英鎊/美元組合概況 – 3月27日:英鎊停滯

週三,英鎊/美元貨幣對在平盤範圍內公開交易。波動性仍然低,即便在日內也沒有趨勢運動。

Paolo Greco 03:06 2025-03-27 UTC+2

EUR/USD 貨幣對概況 - 3月27日:唐納·川普退場

週三,歐元/美元貨幣對繼續保持低波動性並呈現輕微的下行趨勢。交易量並不存在,這並不令人驚訝——本週幾乎沒有消息,重要事件更是稀少。

Paolo Greco 03:06 2025-03-27 UTC+2

GBP/USD。英鎊的艱難時期

英國的通脹報告未能支撐英鎊——報告中的所有組成部分均低於預期。一方面,此報告不太可能影響英格蘭銀行五月會議的結果;中央銀行極有可能保持所有貨幣政策參數不變。

Irina Manzenko 23:41 2025-03-26 UTC+2

美元將放鬆其控制

歐元正在謹慎地回落,擔心歐盟與美國之間可能爆發貿易戰,而美元正走向一年多來表現最差的月份。連續五天的歐元對美元下跌略微改善了美元的地位,但事實難以忽視——對唐納德·特朗普政策的普遍失望促使交易員拋售美元。

Marek Petkovich 23:41 2025-03-26 UTC+2

唐納德·川普再度以關稅言論製造混亂

美國總統唐納·川普在週二再次引起混亂,宣布計劃對他涵蓋甚廣的關稅提案引入一系列豁免。這一宣布在計劃於4月2日推出針對全球合作夥伴的報復性貿易措施之前,發出了模糊的信號。

Jakub Novak 11:36 2025-03-26 UTC+2

XAU/USD。分析與預測

今日黃金持續呈現正面走勢,但價格上漲的確鑿性仍然較弱。由於美國總統唐納德·川普於4月2日正式實施的關稅政策推動了市場的不確定性,這種不確定性支持黃金價格維持在較高水平,並成為推動這種貴金屬價格上漲的關鍵因素。

Irina Yanina 10:54 2025-03-26 UTC+2
现在无法通话?
提出您的问题,用 在线帮助.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.