UBS Group reported third-quarter revenue of $13.35 billion, exceeding market expectations of $13.1 billion. UBS plans to complete a $3 billion share buyback program before announcing its fourth-quarter results; it had already repurchased $1.8 billion worth of shares in the third quarter. UBS stated that investor sentiment remains cautious amid heightened macroeconomic volatility, geopolitical tensions, and political uncertainty (including in the US).