UBS Group Plunges 5.83% Amid Market Volatility

UBS Group's stock price dropped by 5.83% in pre-market trading on April 7, 2025, reflecting investor concerns and market volatility.

UBS Global Wealth Management has revised its outlook for the S&P 500, now anticipating a 17% upside following a sharp sell-off in US stocks due to fears that President Trump's tariffs could trigger a recession. This revision comes as the investment bank adjusts its targets in response to global trade tensions and recession worries.

UBS Group AG has seen a reduction in its shareholding by Edmond DE Rothschild Holding S.A., which sold a portion of its shares in the company. This move could be indicative of broader market sentiment or strategic adjustments by the holding company.

In a downside scenario, UBS Group's Chief Investment Officer expects US 10-year yields to fall to 2.5%, which could offer significant capital gains for investors in gold, quality bonds, and hedge funds. This outlook underscores the bank's cautious stance on the economic environment.

UBS Group has also lowered its price target for RH (NYSE:RH) from $250.00 to $235.00, maintaining a "neutral" rating for the company. This adjustment reflects the bank's assessment of RH's performance and market conditions.

UBS Group's Annual General Meeting (AGM) for 2025 will include votes on compensation for the Board of Directors and the Group Executive Board, as well as an advisory vote on the compensation report. The bank emphasizes its commitment to aligning compensation with performance and shareholder interests, with a focus on sustainable value creation and integration following the acquisition of Credit Suisse.