UBS's Strategy Update, Big Oil's Buybacks in Focus in Next Week's Earnings
- UBS’s ability to retain talent will be key to growth
- Share buybacks are top of the agenda for Big Oil investors
The UBS Group headquarters in Zurich.
Photographer: Stefan Wermuth/BloombergThis article is for subscribers only.
UBS Group AG’s hotly anticipated three-year growth plan will take the spotlight this week, when it reports alongside French peers Société Générale SA and Crédit Agricole SA.
The Swiss bank is expected to map out in more detail the course it intends to take after integrating Credit Suisse. While investors are counting on profitability improving, UBS’s ability to retain top talent will be key, even more so as central banks pivot toward interest rate cuts and rising impairments threaten earnings power across the sector, analysts say.