UBS exited fund administration. UBS Group stock trades 1.29 percent higher

Published on 10/09/2026 at 11:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Net profit reached USD 2.80 billion in the second quarter of 2026. UBS Group stock costs EUR 42.54 on October 9, 2026 after EUR 42.00.

Key points in brief

UBS transferred its inherited Credit Suisse fund administration business to Northern Trust on October 6, 2026.
UBS Group stock traded at EUR 42.54 at Lang & Schwarz on October 9, 2026, up 1.29 percent from EUR 42.00.
Second-quarter 2026 net profit was USD 2.80 billion, while reported revenue rose 13.00 percent year over year to USD 13.70 billion.
Swiss capital proposals could add USD 16.00 billion to UBS parent-bank CET1 requirements if enacted.

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UBS Group (ISIN CH0244767585) was trading at EUR 42.54 at Lang & Schwarz on October 9, 2026. The quote was up 1.29 percent versus the Lang & Schwarz prior close. On October 6, UBS transferred its inherited Credit Suisse fund administration operation to Northern Trust and said it would exit that business, according to Briefs.

Three UBS events carry key figures

On July 29, 2026, UBS reported USD 2.80 billion of net profit for the second quarter of 2026, up 16.90 percent from the second quarter of 2025. Reported revenue rose 13.00 percent year over year to USD 13.70 billion, according to UBS.

On September 23, 2026, Swiss lawmakers backed a capital requirement proposal that UBS estimated could add USD 16.00 billion to the parent bank's common equity tier 1 requirement, according to The Asian Banker.

On October 6, 2026, UBS said the fund administration migration to Northern Trust would be managed in phases over two years and was expected to complete in the second quarter of 2027, according to Briefs.

What does the capital proposal change?

The proposed rule matters because capital held at the Swiss parent against foreign participations would rise, leaving less capital for distributions and other uses if the measure becomes law. The Asian Banker reported that the broader cumulative estimate, including earlier measures and existing requirements after the Credit Suisse acquisition, reached USD 33.00 billion on September 23, 2026.

UBS entered the debate with a CET1 capital ratio of 14.40 percent at June 30, 2026. Its second-quarter underlying return on CET1 capital was 16.40 percent, compared with reported return of 15.40 percent, while the bank said it planned at least USD 1.00 billion of share repurchases over three months in its July 29 results release.

Results date sets the next test

UBS is scheduled to publish third-quarter 2026 results on October 28, 2026, according to Finanzen.ch. The fund administration transfer is expected to complete in the second quarter of 2027, giving investors two separate dates for judging execution and earnings.

UBS Group stock trades higher in euros

At Lang & Schwarz, UBS Group stock was trading at EUR 42.54 on October 9, 2026 at 11:09 a.m. CEST, plus 1.29 percent versus the prior close of EUR 42.00. The stock's reference listing is UBSG.SW on SIX in Swiss francs, while the euro quote is the relevant German trading reference. The further course of trading is shown by the continuously updated real-time quote of UBS Group stock.