UBS Group AG reported strong first-quarter FY24 results, with sales of $12.74 billion and net profit of $1.76 billion. The company plans to cut jobs and complete a merger with Credit Suisse AG by May ...
Executives at the Zurich-based bank say $27B in net new assets for the first quarter put the firm well on its way to its wealth management goals.
Swiss lender UBS's shares surged in intraday trading Tuesday as cost-cutting drove a swing back to profitability, while it moved forward with absorbing Credit Suisse.
UBS stunned investors with a $1.8 billion first-quarter profit on Tuesday, saying it was sticking with share buybacks, easing ...
“A little over a year ago, we were asked to play a critical role in stabilising the Swiss and global financial systems ...
UBS Group stock rises after returning to profit in Q1 2024 and progressing with cost and balance sheet reduction plans ...
UBS Group stock jumped 9% in pre-market trading Tuesday after the bank reported that it has returned to profitability after being in the red for several consecutive quarters.
The shares of UBS were sent through the roof after the Swiss bank reported that it returned to profitability in the first ...
UBS has reported its first quarterly profit since buying ... Combined losses for the June-to-December 2023 period totaled ...
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's CEO on Tuesday said the majority of job cuts in its home market, Switzerland, will start from around the end of the year and continue into 2025 and 2026.