News for hackers. Stuff that matters.

A comment on UBS, Wealthfront Cancel $1.4B Deal. Parent comment

Re:UBS, Wealthfront Cancel $1.4B Deal by boyka on Saturday September 03, 2022 @02:52AM (#32699415)
It's rather ca 100% of their average yearly earnings or 3% of their current market cap/6-10% of their market cap a few years ago.
[ Parent | on HN ]
Re:UBS, Wealthfront Cancel $1.4B Deal by sealeck on Saturday September 03, 2022 @06:04AM (#32700353)
UBS 2021 net income was US$ 7.6 billion and they have $1.12 trillion in assets under management.
[ Parent | on HN ]
Re:UBS, Wealthfront Cancel $1.4B Deal by rco8786 on Saturday September 03, 2022 @07:10AM (#32700680)
Their AUM is not really relevant. That’s not their money.
[ Parent | on HN ]