Deutsche Bank raised its price target on UBS to CHF45 from CHF40 while maintaining a Buy rating. UBS has added U.S. advisor teams managing over $2.00 billion in assets and faces new Swiss capital-rule proposals that could influence its competitiveness and stability.
Deutsche Bank reiterated its Buy rating on UBS and lifted the price target from CHF40 to CHF45, reflecting confidence in the bank’s earnings power and integration progress following its Credit Suisse acquisition.
UBS is bolstering its U.S. wealth-management presence by hiring new financial advisor teams in Nashville and Washington, D.C., which collectively manage over $2.00 billion in assets. This expansion targets high-net-worth clients in key Southeastern and Mid-Atlantic markets.
Swiss lawmakers are drafting new capital adequacy rules for major banks that will require higher loss-absorbing buffers, directly affecting UBS’s capital planning. The proposals aim to ensure the bank fully capitalizes its foreign subsidiaries, potentially influencing its lending capacity and competitiveness.
