3 Charts to Know: Swiss Miss at UBS

The video discusses UBS's recent performance, highlighting both positives and negatives. Positives include clarity on Basel and buybacks, while negatives focus on missed earnings and underwhelming targets. UBS's investment banking and wealth divisions underperformed, with significant earnings misses. The video also covers UBS's buyback strategy and its market position relative to peers, questioning whether investors will continue to pay a premium for UBS shares.

What were the key positives emphasized by UBS?

• Clarity on Basel and share buybacks

• Decline in stock price

• Misses in investment banking income

• Increased legal costs

By what percentage did UBS's investment banking income miss estimates?

• 85%

• 63%

• 14%

• 23%

What was the reaction to UBS's buyback plan?

• It was aligned with market expectations

• It led to a stock price increase

• It was considered ambitious

• It was seen as underwhelming

How does UBS's price-to-book ratio compare to its peers?

• Not mentioned

• Higher than its peers

• Equal to its peers

• Lower than its peers

Which bank showed a 23% increase over the past year?

• Credit Suisse

• Barclays

• UBS

• Deutsche Bank