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UBS

UBS (Union Bank of Switzerland) is a multinational investment bank and financial services company headquartered in Zurich and Basel, Switzerland. The firm provides wealth management, asset management and investment banking services to private, institutional and corporate clients worldwide. UBS operates across the Americas, Europe, the Middle East, Africa and Asia-Pacific, with a particularly strong presence in wealth management for high-net-worth individuals. The bank is one of the largest wealth managers globally, overseeing trillions of dollars in invested assets. UBS is listed on the SIX Swiss Exchange and the New York Stock Exchange. The company employs tens of thousands of people across its global network of offices. UBS was formed in 1998 through the merger of Union Bank of Switzerland and Swiss Bank Corporation, creating one of Europe's largest financial institutions. In 2023 UBS acquired Credit Suisse in a government-brokered rescue deal following Credit Suisse's collapse, significantly expanding UBS's scale and market position. The combined entity represents one of the world's most systemically important financial institutions, with enhanced capabilities in investment banking, trading and wealth management. UBS is a major participant in commodities markets, providing research, trading and investment products across precious metals, energy and other asset classes.

UBS Updates


Northparkes mine, in Australia
Triple Flag enlarges undrawn credit facility by $700m
26th May 2026 By: Marleny Arnoldi

Streaming and royalty company Triple Flag Precious Metals has managed to enlarge its existing undrawn revolving credit facility and improve its terms. Under the amended agreement, Triple Flag has... 


An oil rig and tanker
Oil falls by 11% after Iran's foreign minister declares Strait of Hormuz open
17th April 2026 By: Reuters

Oil prices plunged by about 11% on Friday, extending earlier losses, after Iran's foreign minister said that passage for all commercial vessels through the Strait of Hormuz was open for the... 


Woodside's annual profit beats forecasts on strong output, shares hit 18-month high
Woodside's annual profit beats forecasts on strong output, shares hit 18-month high
24th February 2026 By: Reuters

Oil and gas producer Woodside Energy posted a smaller-than-expected fall in annual profit on Tuesday, as higher production softened the blow from weaker realised prices, sending shares up to a... 


Reserve Bank
Economists see three more South Africa rate cuts, split on when
13th February 2026 By: Bloomberg

The South African Reserve Bank will likely cut interest rates three more times before ending its current easing cycle, according to a survey. Most of the 14 economists canvassed by Bloomberg,... 


Gold bullion and Krugerrands
Gold’s bull run seen intact despite steep pullback
2nd February 2026 By: Reuters

Despite a historic pullback in gold and silver prices, triggered by the sharpest two-session sell-off in decades, analysts see the metal's bull run continuing and expect it to notch fresh record... 


UBS raises gold target to $6 200/oz, sees slight dip by year‑end
UBS raises gold target to $6 200/oz, sees slight dip by year‑end
30th January 2026 By: Reuters

UBS on Thursday increased its gold price target to $6 200/oz for March, June and September 2026, compared with a prior forecast of $5,000, citing stronger-than-expected demand stemming from... 


Gold bars
Gold price surge boosts Swiss National Bank's profit
9th January 2026 By: Reuters

The Swiss National Bank made a profit of around 26-billion Swiss francs ($33-billion) in 2025, the central bank said on Friday, thanks to a sharp increase in gold prices as investors headed for... 


Lithium ore on a conveyor
Energy storage boom strengthens demand outlook for beaten-down lithium
5th January 2026 By: Reuters

A boom in battery storage has bolstered the demand outlook for lithium in 2026, driving hopes for an accelerated turnaround for an industry struggling with oversupply. The lithium market has been... 


Lithium may get much-needed demand boost from battery storage
Lithium may get much-needed demand boost from battery storage
12th December 2025 By: Bloomberg

Lithium bulls are betting on energy storage systems as the next meaningful pillar of demand for the battery metal, nudging the global market back toward balance after years of oversupply. Giant... 


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