Report
Steven Gould

The morning after feeling but no accidents

>Return to normal well priced in - We maintain our Neutral rating despite the higher-than-expected earnings:Returns to shareholders exposed to legal uncertainties:On 24 March the ruling on UBS in France is expected to be handed down. If the appeal is rejected, we believe that UBS might have to pause its $ 4.0bn 2021-2023 share buyback programme and would not be able to avoid an immediate increase in provisions. At the end of Q4 2020, provisions booked for th...
Underlying
UBS Group AG

UBS Group is a holding company. Through its subsidiary, UBS, Co. provides financial services including advisory services, underwriting, financing, market making, asset management and brokerage and retail banking. Co.'s operations are organized along five segments: Wealth Management (financial services to high net worth and ultra high net worth individuals as well as private and corporate clients); Wealth Management Americas (advice-based solutions for ultra high net worth, high net worth and core affluent individuals and families); Personal & Corporate Banking (provides financial products and services to private, corporate and institutional clients); Asset Management and Investment Bank.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Steven Gould

Other Reports on these Companies
Other Reports from Oddo BHF

ResearchPool Subscriptions

Get the most out of your insights

Get in touch