ORANGE COUNTY, Calif. & LOS ANGELES--(BUSINESS WIRE)--UBS Global Wealth Management US announced today that Wise River Advisors, a Private Wealth Team in the firm's Los Angeles, California office, has been named to Forbes America's Top Private Wealth Management Teams list for 2025. Wise River Advisors ranked #10 nationally, marking the fourth consecutive year that the team has been named to the list. With advisors in Los Angeles, Orange County and beyond, Wise River Advisors provides comprehensi. ...

智通财经APP获悉，周二，瑞银(UBS.US)盘前涨近4%，截至发稿，报44.37美元，股价创2008年以来的 最高点。消息面上，瑞士立法者就针对瑞银集团的新资本规则提出了一项折中方案，试图确保其在国际 上保持竞争力。瑞士政府此前提议，自2023年收购濒临倒闭的瑞士信贷后成为瑞士唯一全球性银行的瑞 银，应将其外国子公司的资本充足率提高至100%，而非目前的60%，以覆盖潜在的海外损失。 瑞银表示，该改革将意味着需要寻找 240 亿美元的额外资本。瑞士政府曾提议瑞银使用普通股权一级资 本(CET1)来满足这一要求。然而，议员小组提议，应允许瑞银使用所谓的额外一级资本(AT1)债务来覆 盖其外国子公司资本化要求的最高 50%，这将减轻该银行的负担。 ...

瑞银表示，该改革将意味着需要寻找240亿美元的额外资本。瑞士政府曾提议瑞银使用普通股权一级资 本(CET1)来满足这一要求。然而，议员小组提议，应允许瑞银使用所谓的额外一级资本(AT1)债务来覆 盖其外国子公司资本化要求的最高50%，这将减轻该银行的负担。 周二，瑞银(UBS.US)盘前涨近4%，截至发稿，报44.37美元，股价创2008年以来的最高点。消息面上， 瑞士立法者就针对瑞银集团的新资本规则提出了一项折中方案，试图确保其在国际上保持竞争力。瑞士 政府此前提议，自2023年收购濒临倒闭的瑞士信贷后成为瑞士唯一全球性银行的瑞银，应将其外国子公 司的资本充足率提高至100%，而非目前的60%，以覆盖潜在的海外损失。 ...

Group 1 - UBS Group AG reduced its stake in Longpan Technology (02465) by 513,000 shares at an average price of HKD 14.8242 per share, totaling approximately HKD 7.6048 million [1] - After the reduction, UBS's latest holding amounts to 9.2385 million shares, representing a holding percentage of 7.70% [1]

UBS is set to grow earnings per share at the fastest sequential pace of any bank globally, according to analysts at Bank of America https://t.co/D93fTTZe7p ...

Summary of Key Points from the Conference Call Industry Overview - The conference call primarily discusses the **Chinese economy** and its outlook for 2026, focusing on policy measures and economic targets set during the **Central Economic Work Conference** held on December 11. Core Insights and Arguments 1. **Policy Support and Economic Goals** - The conference established a moderate support policy and a more balanced policy tone for 2026, aiming for a GDP growth target of **4.5%-5%**. The general market expectation remains around **5%** [1][2][3]. 2. **Fiscal Policy** - The government will continue a "more proactive fiscal policy," with a forecasted fiscal deficit rate stable at **4%** of GDP. New long-term special bonds are expected to be issued at **1.6 trillion** yuan, with local government special bond limits slightly increased to **4.8 trillion** yuan [2][3]. 3. **Monetary Policy** - A continuation of "moderately loose" monetary policy is planned, with expectations of a **20 basis points** interest rate cut and a **25-50 basis points** reserve requirement ratio (RRR) reduction by the end of 2026. This aims to maintain liquidity and support key sectors like technology innovation and small enterprises [3][4]. 4. **Consumer Support Initiatives** - Supporting consumption remains a top priority, with plans to implement measures to boost consumer spending, including a potential increase in consumption subsidies from **300 billion** yuan to **400 billion** yuan in 2026 [4][5]. 5. **Investment Stability** - The government aims to stabilize investment growth, particularly in infrastructure, which has seen significant declines. There will be an increase in central budget investments and optimization of local government special bond usage [5][6]. 6. **Real Estate Market Stability** - The focus remains on stabilizing the real estate market without large-scale stimulus measures. Predictions indicate a **5-10%** decline in real estate sales and new construction in 2026, with a potential further decline in 2027 [6][7]. 7. **Innovation and Social Security Improvements** - Emphasis on innovation and improving social security systems aligns with the "14th Five-Year Plan." The government plans to enhance the protection of intellectual property in emerging sectors and promote digital and green trade [7][8]. Other Important but Potentially Overlooked Content - The conference highlighted the need for structural reforms alongside growth stabilization, indicating a shift towards a more sustainable economic model [1][2]. - The government is also addressing local government debt risks and ensuring compliance with fiscal regulations to prevent hidden debts [2][3]. - The anticipated changes in consumer subsidy policies may include adjustments to the types of goods and services eligible for support, potentially expanding to non-durable goods [4][5]. This summary encapsulates the key points discussed in the conference call regarding the Chinese economy's outlook and the government's policy direction for 2026.

Economic Growth Outlook - The National Bureau of Statistics reported that China's GDP growth target of 5% for the year is almost certain to be achieved, supported by strong economic indicators [1][3] - Goldman Sachs and Deutsche Bank have raised their GDP growth forecasts for China, predicting a steady export growth of 5%-6% through 2026, with a diminishing negative impact from the real estate sector on GDP growth [2][3] Export Performance - In the first eleven months, the total value of goods imports and exports increased by 3.6%, with exports growing by 6.2%, exceeding expectations [3] - Goldman Sachs anticipates that the growth in China's export volume will continue to rise by 5%-6% annually in the coming years, driven by an expanding global market share [3] Real Estate Sector Impact - The real estate market, while still weak, is expected to have a reduced direct negative impact on GDP growth, with the drag decreasing by approximately 0.5 percentage points annually in the coming years [3][4] - The central economic work conference emphasized the need to reduce excess inventory in the real estate sector, which is seen as a necessary step for economic recovery [4][6] Policy Measures - The central economic work conference outlined key strategies for economic work in the coming year, focusing on increasing household income and promoting service consumption to boost domestic demand [6] - Deutsche Bank forecasts that the fiscal deficit rate will remain around 8.5% of GDP in 2026, with special government bond issuance increasing to 1.5 trillion yuan [6][7] Monetary Policy Expectations - There is a consensus among various investment banks that the fiscal deficit rate will stabilize around 4% of GDP, although opinions differ on the likelihood and extent of interest rate cuts [7] - Goldman Sachs predicts a 20 basis point interest rate cut, while UBS expects a combination of rate cuts and reserve requirement ratio reductions to support economic growth [7] Currency Outlook - The strong export performance and a current account surplus of $600 billion (2.8% of GDP) are expected to accelerate the internationalization of the renminbi [8] - Deutsche Bank projects that the renminbi will appreciate against the US dollar, reaching 6.7 by the end of 2026 and further strengthening to 6.5 by the end of 2027 [8]

UBS' chief operations and technology officer, Mike Dargan, will leave the Swiss bank at the end of the month, the company said on Monday, as it reorganises the board to ensure smooth completion of its... ...

香港联交所最新资料显示，12月9日，UBS Group AG减持金融街物业(01502)18.5万股，每股均价2.08港 元，总金额为38.48万港元。减持后最新持股数目约为1120.75万股，最新持股比例为10.83%。 ...

智通财经APP获悉，香港联交所最新资料显示，12月9日，UBS Group AG减持金融街物业(01502)18.5万 股，每股均价2.08港元，总金额为38.48万港元。减持后最新持股数目约为1120.75万股，最新持股比例 为10.83%。 ...