05-February-2026
Corporate News
 
UBS Logs Forecast-Beating Jump in Quarterly Profit, Plans More Buybacks
04-Feb-2026

Swiss bank UBS posted on Wednesday a forecast-beating 56% surge in net profit on strong performances from its wealth management and investment banking divisions, and announced plans for more share buybacks. The world's largest wealth manager intends to repurchase at least $3 billion of shares in 2026, the same amount it bought back last year, adding that it aims "to do more."

News Source:- https://money.usnews.com/investing/news/articles/2026-02-04/ubs-quarterly-profit-beats-expectations-plans-more-buybacks
 
 
 

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