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Give UBS credit, but not too much Add to ...

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Investors are taking a rosy view of UBS’s ability to execute a radical strategy to hack back its investment bank. The Swiss wealth manager’s market capitalization is up 4.4 billion Swiss francs ($4.7-billion) since the plan emerged. While UBS deserves applause, it may be getting too much credit up front.

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  • UBS Group AG
    $15.66
    -0.30
    (-1.88%)
  • Updated December 2 4:09 PM EST. Delayed by at least 15 minutes.

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