UBS to buy back $2.7b of stock as bank tweaks targets

Mr Sergio Ermotti, chief executive of UBS Group, said the bank was aiming for a flexible capital return policy with an attractive dividend, and complementing it with a share buyback.
Mr Sergio Ermotti, chief executive of UBS Group, said the bank was aiming for a flexible capital return policy with an attractive dividend, and complementing it with a share buyback.PHOTO: BLOOMBERG