Swiss bank UBS UBSG.S scrapped references to establishing women in management roles and hiring employees from ethnic minority backgrounds from its 2024 annual report, instead focusing on meritocracy.

An influential investor group blasted UBS Group AG over a perceived retreat from sustainability policies, highlighting the reputational risks that banks face when they roll back previous commitments.

Less than a year ago, Melinda Hightower worked as a sales executive at one of the largest wealth management firms in the country, focused on making sure the unique needs of minority investors were ...

UBS Group AG’s annual report no longer refers to a key sustainability term that has come under attack from the Trump administration, indicating how the backlash is impacting European firms. The Swiss ...

UBS has hired a prominent black Smith Barney broker. Percival “Pep” Perry, a $600,000 producer with more than $70 million in assets under management, left Smith Barney to join the Swiss giant's San ...

An influential investor group blasted UBS Group AG over a perceived retreat from sustainability policies, highlighting the reputational risks that banks face when they roll back previous commitments.