On the European Financials Convention 2026, UBS Group CFO Todd Tuckner addressed key elements influencing the corporate’s share worth efficiency and offered updates on ongoing capital reforms.
Share Worth Efficiency Ballot
Analyst Giulia Miotto from Morgan Stanley kicked off the session with a polling query: What is going to drive UBS share worth efficiency in 2026? Choices included readability on capital necessities, anticipated quickly; earnings upgrades; wealth administration inflows from the U.S. or Asia; a brand new share buyback within the second half; or macroeconomic elements. Responses confirmed a transparent choice amongst attendees.
Capital Reform Progress
Miotto famous that UBS nears the top of Switzerland’s ‘too huge to fail’ evaluation, with proposals anticipated by April. She requested Tuckner for insights.
Tuckner responded, “Thanks for having me, and hey, everybody. On capital reform, we advocate constantly for outcomes aligned internationally, focused to Credit score Suisse points, and proportionate—rules the Swiss authorities outlined two years in the past in its monetary stability framework.”
He added that June’s proposals from final 12 months fell wanting these objectives. “If adopted as worded, they might place us as a major outlier in comparison with friends in capital and fairness ranges,” Tuckner said.
