The addition of Credit Suisse’s assets, paired with UBS’ own push to cut its operating expenses by $1 billion, saw the banking giant swing back into profit in the first quarter of 2024, as the ...
UBS returned to profit in the first quarter with the integration of Credit Suisse less of a drag on its performance than analysts anticipated, as the group continued to attract funds from wealthy ...
UBS (NYSE: UBS) stock price has suffered a harsh reversal in the past few days as investors wait for the coming financial ...
Swiss banking giant UBS has returned to profit after two straight quarterly losses, driven by its wealth management and investment banking divisions, as it continues to integrate former domestic rival ...
UBS Group AG returned to profit after two loss-making quarters, cementing sustained progress in the integration of Credit Suisse after its emergency rescue last year. The Zurich-based bank said net ...
UBS has reported its first quarterly profit since taking over Credit Suisse as the Swiss lender begins to reap the benefits of rescuing its former rival. The group on Tuesday reported $1.8bn in net ...
Swiss financial major UBS (NYSE:UBS) posted its first quarterly profit since its takeover of Credit Suisse. It expects the ...
Morgan Stanley analyst Giulia Miotto maintained a Buy rating on UBS Group AG (UBS ... and the successful alignment of Credit Suisse’s businesses following their integration, UBS is anticipated to ...
March, its first quarterly profit since it took over fallen rival Credit Suisse. The net income attributable to shareholders for Switzerland's largest bank was better than a company-provided consensus ...
Its decision to seize the bonds while allowing UBS to buy Credit Suisse for $3 billion shocked investors, and has prompted many lawsuits in the United States and Europe. UBS raised $3.5 billion in ...
UBS on Tuesday reported net income for January-March that was nearly triple estimates as the bank logged its first quarterly profit since taking over fallen rival Credit Suisse. The group's wealth ...
UBS Group AG (NYSE:UBS) has plans for its next round of layoffs as the Swiss bank continues to reduce headcount after rescuing ex-rival Credit Suisse last year, according to a Wednesday media report.