UBS sets ROE and cash dividend as key targets

Source: Bloomberg
© Scanpix/AFP

UBS AG the biggest bank in Switzerland said it will aim to reach return on equity between 12% and 17% starting from 2013. UBS AG also is planning to pay out cash dividends of 10 centimes per share. Bank is going to pay first dividends in five years and claimed that it is going shift more towards wealth management instead of investment banking. New CEO Sergio Ermotti is planning to reduce risk-weighted securities by $158 bn as bank earlier reported $2.3 bn loss on unauthorized trading.

Back to articles

Actual Topics

Fri, 18 Nov 2011 09:16:02 GMT

Occupy Wall Street to disrupt NYSE

On Thursday Occupy Wall Street protesters were attempting to interrupt the New York Stock Exchange. Nearly 1,000 activists sealed Financial District near Zuccotti Park and the NYSE to protest against income inequality. Police blocked streets by placing metal barricades and NYSE employees were required to show identification cards to enter. Despite demonstrations NYSE opened on time.

Fri, 18 Nov 2011 15:34:36 GMT

Oil Spill near Rio de Janeiro coasts

Brazil is investigating oil spill in 120km from the coast of Rio de Janeiro state. The responsibility of the spill lies on the US company Chevron. About 600 barrels of oil shaped a slick on the water. Fortunately the spill moves away from Brazilian coast as more than 17 ships clearing up the spill. In case Chevron does not fulfill its obligations to clean

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.