UBS Group: Upside Depends On Growing Book Value

thamerpic UBS (NYSE:UBS) is the last big Swiss bank standing. It made headlines last year when it bought Credit Suisse (CS), its main rival, for $3 billion to alleviate concerns that CS was on a death spiral. If you didn't follow the news at the time, I'd recommend the following SA articles that also helped me make my mind to be long UBS at the time: by IP Banking Research, Daniel Jones and Cavenagh Research. After this recent price movement to almost $30 per share I started thinking more about how much ...