UBS Declares Coupon Payments on 14 ETRACS Exchange Traded Notes
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 07 2024
0mins
Should l Buy UBS?
Source: Businesswire
UBS Investment Bank Announcement: UBS has announced coupon payments for 11 ETRACS Exchange Traded Notes (ETNs) on NYSE Arca and expected payments for 3 ETNs on NASDAQ, detailing specific amounts, payment schedules, and current yields.
Investment Risks: The press release emphasizes that investments in ETRACS ETNs carry risks, including the potential loss of principal and variability in coupon payments, which are not guaranteed.
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Analyst Views on UBS
Wall Street analysts forecast UBS stock price to rise
11 Analyst Rating
7 Buy
2 Hold
2 Sell
Moderate Buy
Current: 37.260
Low
39.12
Averages
52.09
High
71.73
Current: 37.260
Low
39.12
Averages
52.09
High
71.73
About UBS
UBS Group AG is a Switzerland-based holding company and conducts its operations through UBS AG and its subsidiaries. The company operates as a wealth manager with focused asset management and investment banking capabilities and a capital-light and cash-generative business model. The Company comprises four business divisions: Global Wealth Management, which provides tailored advice and solutions to its clients around the globe; Personal & Corporate Banking division provides comprehensive financial products and services to private, corporate and institutional clients in Switzerland; Asset Management division offers investment capabilities and styles across all traditional and alternative asset classes, as well as advisory support to institutions; Investment Bank provides investment advice, financial solutions and capital markets access to institutional, corporate and wealth management clients.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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