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UBS Wealth Management today announced that Jason L. Zachter has joined the firm as a Managing Director and Financial Advisor in Manhattan. He will be based in the firm's 1285 Avenue of the Americas office, run by Market Director Kellie Brady, and will report to Market Director Neal Cooper. Jason brings more than a decade of experience advising successful individuals and families on their wealth management needs. "On behalf of UBS, I'm excited to welcome Jason to the firm," said Kellie Brady, Market Director of the 1285 Avenue of the Americas office at UBS Wealth Management. "Jason brings a wealth of experience, a passion for advising clients on complex financial matters, and his unique pe

UBS AG announced today that it will redeem all of the outstanding securities in each of the seven series of UBS-issued exchange traded notes set forth in the following table (collectively, the "ETNs"). UBS AG expects to deliver redemption notices with respect to each of the ETNs to holders of the applicable ETNs with Call Settlement Dates as set forth in the table below. Table-1 ETN Ticker ETN Name and Prospectus Supplement [1] CUSIP Call Settlement Date DJCB ETRACS Bloomberg Commodity Index Total ReturnSM ETN Series B due October 31, 2039[2] 90269A450 12/12/2024 WUCT ETRACS Whitney US Critical Technologies ETN due March 13, 20

UBS today announced the hiring of Financial Advisor Anibal Drelichman in Washington, D.C. Anibal and his team join the UBS Philadelphia D.C. Wealth Management Market, led by Market Executive Julie Fox, reporting to Market Director Brendan Graham. "Anibal's decades of experience working with high and ultra-high net worth clients will undoubtedly be an asset to our firm, and we are extremely pleased to welcome him to UBS as we expand our offering in the Washington, D.C. region," said Julie Fox, Philadelphia D.C. Market Executive at UBS Private Wealth Management. "We are confident that Anibal and his clients will benefit from our state-of-the-art wealth management capabilities and client-cen

HDLB: linked to the Solactive US High Dividend Low Volatility Index Series B SMHB: linked to the Solactive US Small Cap High Dividend Index Series B PFFL: linked to the Solactive Preferred Stock ETF Index CEFD: linked to the S-Network Composite Closed-End Fund Index MVRL: linked to the Market Vectors Global Mortgage REITs Index GLDI: linked to the Credit Suisse Nasdaq Gold FLOWSTM 103 Index SLVO: linked to the Credit Suisse Nasdaq Silver FLOWSTM 106 Index USOI: linked to the Credit Suisse Nasdaq WTI Crude Oil FLOWSTM 106 Index UBS Investment Bank today announced coupon payments for 5 ETRACS Exchange Traded Notes traded on the NYSE Arca and expected coupon payments for 3 ETRACS Excha

UBS Wealth Management USA today announced that Denise Meulebrouck has joined the firm as a Financial Advisor based in Birmingham, Michigan. She brings more than 27 years of wealth management experience and will join the 12-person advisor team, BLS Meulebrouck Wealth Management Group at UBS. "Denise has extensive experience in financial planning and a long-standing commitment to client success," said Geoffrey Centner, Market Director at UBS Wealth Management USA. "We are thrilled to welcome her to UBS, and look forward to having her help us enhance our ability to provide innovative, personalized solutions for our clients' financial futures." "On behalf of our entire leadership team, we are

UBS Private Wealth Management today announced that John Hardin has joined the firm as a Financial Advisor in South Florida. He joins the UBS Miami Private Wealth Management market, led by Brad Rosenberg, and will be located in the Coral Gables office. John is joined by Senior Wealth Strategy Associate Katelyn O'Hara. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241016627840/en/John Hardin (Photo: Business Wire) John and Katelyn join Integra Partners, which is led by UBS Financial Advisors Vicente Del Rio, Brian Beraha and Horacio Aguirre. This Private Wealth team joined UBS in early 2021 from J.P. Morgan Private Bank and has su

UBS Wealth Management today announced that James (Jim) Kosan has joined the firm in its Riverside, California office. As an advisor delivering comprehensive wealth management solutions, Jim's primary focus is working with affluent families, providing Family Office services and specializing in life transitions. Jim manages complex family strategies, business succession strategies, inheritance planning, trust review and design, and tax minimization strategies, working with clients and other professionals to design custom portfolios that help meet clients' retirement planning and personal financial goals. Prior to joining UBS, he worked as a financial advisor with Morgan Stanley since 2012 an

UBS Private Wealth Management announced today that Warren Coughlin, a Private Wealth Advisor in the firm's Los Angeles, California office, has been named to the Forbes Top Next-Gen Best-in-State Wealth Advisor list for 2024. This is Warren's third inclusion on the list. "Warren is among a select cohort of successful advisors that is transforming our industry and the way we serve clients," said Lauren Gorsche, UBS Los Angeles Market Executive. "He has built a dynamic practice centered around addressing the unique needs of founders and entrepreneurs. I am thrilled to see him recognized for his achievements and dedication to clients." Alongside Private Wealth Advisors Charles Korasick and Ro

UBS Wealth Management USA announced today that five of its financial advisors based in the firm's Pacific Desert Market have been named to the Forbes Top Next-Gen Wealth Advisors Best-in-State list for 2024. Of the five, Phoenix based advisor Stockton Schultz also ranked 34th nationally on the Forbes America's Top Next-Gen Wealth Advisors list. "I'm very proud to see these talented young advisors recognized for their dedication to clients," says Justin Frame, Pacific Desert Market Head, UBS. "They are fully committed to helping clients achieve their financial goals and life ambitions, by providing personalized, comprehensive wealth management services and best-in-class advice. Congratulati

MLPB: linked to the Alerian MLP Infrastructure Index, Series B AMNA: linked to the Alerian Midstream Energy Index AMND: linked to the Alerian Midstream Energy Dividend Index MLPR: linked to the Alerian MLP Index BDCZ: linked to the MarketVector US Business Development Companies Liquid Index BDCX: linked to the MarketVector US Business Development Companies Liquid Index HDLB: linked to the Solactive US High Dividend Low Volatility Index Series B SMHB: linked to the Solactive US Small Cap High Dividend Index Series B PFFL: linked to the Solactive Preferred Stock ETF Index CEFD: linked to the S-Network Composite Closed-End Fund Index MVRL: linked to the Market Vectors Global Mortgage

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UBS Wealth Management USA today announced that Ryann Kilgore has been appointed Market Executive for the firm's Greater New England Wealth Management Market. Ryann brings nearly 20 years of wealth management experience to the role. She will be based in the Hartford, Connecticut office, and will oversee the firm's financial advisors and market leadership in New York State, Coastal New England, Northern New England and Western Pennsylvania. Ryann's primary responsibilities will also include expanding the firm's business activities in Greater New England, recruiting new financial advisors and coaching team members to maximize performance. "We are thrilled to have Ryann lead the Greater New E

James V. Carideo brings more than 30 years of domestic and international wealth management experience to role, most recently serving as market director in Portland, Oregon UBS Wealth Management today announced that James (Jim) V. Carideo has been appointed Market Director for the firm's San Diego offices, effective January 1, 2024. He will be based in the downtown San Diego office and will oversee financial advisors and support staff in San Diego and additional branches in Rancho Bernardo and Carmel Valley. Jim Carideo has been with UBS for nearly 13 years, most recently serving as Market Director in Portland, Oregon. In that role, Jim oversaw all aspects of the wealth management busine

UBS Private Wealth Management announced today that Mandy Ho has joined the firm in Bellevue, WA. She joins The Matthews Group at UBS, a 19-person, highly experienced team with a practice based on serving clients with dedication and excellence, as a Relationship Manager. In her new role, Mandy will work closely with ultra-high net worth clients in managing their investments and providing strategic planning advice. "We're thrilled to welcome Mandy to UBS," said Todd Locicero, Market Executive, UBS Private Wealth Management. "Her industry experience and long-standing dedication to clients will be a great addition to our business, and we look forward to having her help us continue to expand o

Today, UBS Wealth Management USA announced Mike Mimick has been appointed Market Executive for the firm's Midwest Market. Mike will be responsible for leading UBS's wealth management business and Financial Advisors based in Minnesota, Nebraska, Missouri, Oklahoma, Kansas, Wisconsin, Iowa, South Dakota and North Dakota. Mike has been with UBS for 18 years and has been a Field Leader since 2007. Prior to his current role, he was responsible for leading the firm's advisors in Nebraska, Kansas, Missouri and Oklahoma. Mike has also been a five-time Leadership Council award winner, an honor given annually to UBS's top talent in its Wealth Management division. "Mike is dedicated to the Midwest M

SAN FRANCISCO, Aug. 05, 2022 (GLOBE NEWSWIRE) -- Coalition, the world's first Active Insurance company designed to prevent digital risk before it strikes, today announced it has appointed Jim Young as Chief Financial Officer (CFO), John Littzi as General Counsel, and added Julie Richardson as board member to further accelerate the company's vision to provide security for all. The new hires and board member addition come on the heels of a $250M investment into Coalition in July, boosting the valuation of the company to $5B. "The new additions to our leadership team bring decades of experience building global technology and finance companies, and are proven leaders who will help Coalition t

ZURICH & BASEL, Switzerland--(BUSINESS WIRE)--  The UBS (NYSE:UBS) (SWX:UBSN) Board of Directors announced today that Beatrice Weder di Mauro is not standing for re-election to the Board of Directors of UBS Group AG and UBS AG. She has informed the Board of her decision to step down after serving since 2012. UBS Chairman Axel A. Weber: “We will miss Beatrice’s experience and expertise in international economic and financial matters. She has consistently provided important insight to the Board and to me personally. Over the last year, she has increasingly been called upon to advise international government institutions on the economic crisis resulting from COVID-19. We thank Beatri

ZURICH & BASEL, Switzerland--(BUSINESS WIRE)--Regulatory News: The UBS (NYSE:UBS) (SWX:UBSN) Board of Directors announced today that Beatrice Weder di Mauro is not standing for re-election to the Board of Directors of UBS Group AG and UBS AG. She has informed the Board of her decision to step down after serving since 2012. UBS Chairman Axel A. Weber: “We will miss Beatrice’s experience and expertise in international economic and financial matters. She has consistently provided important insight to the Board and to me personally. Over the last year, she has increasingly been called upon to advise international government institutions on the economic crisis resulting from COVID-19.

ZURICH, Switzerland--(BUSINESS WIRE)--  To accelerate and tighten the annual reporting cycle, the Board of Directors of UBS Group AG (NYSE:UBS) (SWX:UBSN) has decided to hold future Annual General Meetings (AGM) at the beginning of April. The earlier AGM date aligns with UBS’s intention to publish its annual report in early March. UBS's next AGM will therefore take place on Thursday, 8 April 2021, instead of 28 April 2021. For the following year, UBS plans to hold its AGM on 6 April 2022. Due to the ongoing COVID pandemic and related restrictions and uncertainty, the Board of Directors has decided to hold the 2021 AGM as a webcast again. Protecting the health of shareholders and e

ZURICH--(BUSINESS WIRE)--Regulatory News: To accelerate and tighten the annual reporting cycle, the Board of Directors of UBS Group AG (NYSE:UBS) (SWX:UBSN) has decided to hold future Annual General Meetings (AGM) at the beginning of April. The earlier AGM date aligns with UBS’s intention to publish its annual report in early March. UBS's next AGM will therefore take place on Thursday, 8 April 2021, instead of 28 April 2021. For the following year, UBS plans to hold its AGM on 6 April 2022. Due to the ongoing COVID pandemic and related restrictions and uncertainty, the Board of Directors has decided to hold the 2021 AGM as a webcast again. Protecting the health of shareholders and

Shares of Conagra Brands, Inc. (NYSE:CAG) fell during Thursday's session after the company reported worse-than-expected fourth-quarter sales results and issued FY25 adjusted EPS guidance below estimates. The company reported adjusted earnings per share of 61 cents, beating the analyst consensus estimate of 57 cents. Quarterly revenues of $2.905 billion missed the street view of $2.930 billion, according to data from Benzinga Pro. Conagra Brands shares declined 3.9% to $27.70 on Thursday. Here are some other stocks moving in today’s mid-day session. Gainers Kazia Therapeutics Limited (NASDAQ:KZIA) shares surged 88.6% to $1.26. Kazia Therapeutics, on Wednesday, announced result

U.S. stocks traded mixed midway through trading, with the Nasdaq Composite falling more than 300 points on Thursday. The Dow traded up 0.21% to 39,803.00 while the NASDAQ fell 1.81% to 18,310.23. The S&P 500 also fell, dropping, 0.84% to 5,586.74. Check This Out: Top 4 Real Estate Stocks That Could Lead To Your Biggest Gains In Q3 Leading and Lagging SectorsReal estate shares jumped by 2.8% on Thursday. In trading on Thursday, information technology shares fell by 2.7%. Top Headline PepsiCo Inc (NASDAQ:PEP) reported worse-than-expected second-quarter FY24 revenue. The company reported second-quarter sales growth of 0.8% year-on-year to $22.501 billion, missing the analys

U.S. stocks traded slightly higher this morning, with the Dow Jones index gaining around 0.1% on Thursday. Following the market opening Thursday, the Dow traded up 0.06% to 39,745.57 while the NASDAQ rose 0.08% to 18,661.87. The S&P 500 also rose, gaining, 0.04% to 5,636.44. Check This Out: Top 4 Real Estate Stocks That Could Lead To Your Biggest Gains In Q3 Leading and Lagging SectorsMaterials shares jumped by 1.2% on Thursday. In trading on Thursday, financials shares fell by 0.1%. Top Headline The Consumer Price Index in the United States slowed more than expected in June. Headline CPI inflation slowed from 3.3% in May 2024 to 3% in June 2024 on a year-over-year basis,

Shares of electric vehicle manufacturer Volcon, Inc. (NASDAQ:VLCN) soared over 70% in response to a series of buy-sell transactions by UBS Group AG (NYSE:UBS). What Happened: As per a recent SEC filing, UBS Group, a significant shareholder in Volcon, engaged in buying and selling shares of the company, triggering a sharp rise in Volcon’s stock price. The stock was trading at $6.270 at the time of writing on Wednesday’s pre-market, a significant leap from Wednesday’s close of $3.650, as per Benzinga Pro data. UBS Group bought 108 shares of Volcon’s common stock for $488.82, with individual share prices between $4.3885 and $4.53. Additionally, the group sold 1,265 shares for a total of $

UBS Gr's (NYSE:UBS) short percent of float has fallen 18.52% since its last report. The company recently reported that it has 7.11 million shares sold short, which is 0.22% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.18 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest is imp

UBS Gr (NYSE:UBS) has outperformed the market over the past 5 years by 7.0% on an annualized basis producing an average annual return of 20.12%. Currently, UBS Gr has a market capitalization of $96.77 billion. Buying $1000 In UBS: If an investor had bought $1000 of UBS stock 5 years ago, it would be worth $2,486.09 today based on a price of $30.18 for UBS at the time of writing. UBS Gr's Performance Over Last 5 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated content engine and reviewed by an e

Ten major banks, including Goldman Sachs Group Inc. (NYSE:GS), JPMorgan Chase & Co. (NYSE:JPM), and BNP Paribas SA (OTC:BNPQF), have agreed to pay a combined $46 million to resolve a long-standing lawsuit. The banks have been accused of conspiring to stifle competition in interest-rate swaps trading. What Happened: The banks have denied any wrongdoing but have chosen to settle the antitrust lawsuit filed by investors over eight years ago. The settlement was submitted to a New York federal court on Thursday. The plaintiffs have requested that U.S. District Judge Paul Oetken grant preliminary approval, Bloomberg reported on Thursday. Other banks involved in the settlement include Bank of

- Bloomberg