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UBS plans US$4 5B buyback after wealth management surge

UBS plans US$4.5B buyback after wealth management surge Marion Halftermeyer, Bloomberg News Illuminated UBS Group AG logos outside the company s headquarters in Zurich, Switzerland, on Tuesday, Jan. 26, 2020. UBS plans to buy back as much as 4 billion francs ($4.5 billion) of shares over the next three years, bolstering shareholder returns after income from managing client assets and investment banking propelled gains at the world’s largest wealth manager. Photographer: Stefan Wermuth/Bloomberg , Bloomberg UBS Group AG plans to buy back as much as 4 billion francs (US$4.5 billion) of shares over the next three years, bolstering shareholder returns after income from managing client assets and investment banking propelled gains at the world’s largest wealth manager.

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