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Hosted on MSN27d
UBS reports huge 2Q profit skewed by Credit Suisse takeover, foresees $10B in cost cuts
In a separate statement, Credit Suisse, calling itself a UBS subsidiary following the completion of the deal on June 12, announced a loss of 8.9 billion Swiss francs ($10.1 billion) as it wrapped ...
Hosted on MSN27d
UBS posts $29 billion second-quarter profit in first results since Credit Suisse takeover
UBS on Thursday posted a second-quarter profit of $28.88 billion in its first quarterly earnings since Switzerland's largest bank completed its takeover of stricken rival Credit Suisse. Analysts ...
New York Post26d
UBS to slash 3K jobs despite posting $29B profit since Credit Suisse takeover
Swiss banking giant UBS on Thursday announced plans to save $10 billion in costs, including through 3,000 staff reductions in Switzerland in the coming years, as it moves ahead with “full ...
3h
UBS, Credit Suisse Face U.S. DOJ Probe Over Russian Sanctions Evasion; Stock Dips
Shares of UBS Group AG (UBS) were losing nearly 4 percent in Swiss trading as well as in pre-market activity on the NYSE after ...
6h
UBS, Credit Suisse Face Growing Probe over Alleged Russian Sanctions Evasion
The US Department of Justice has stepped up its probe into Credit Suisse Group and UBS Group AG over suspected compliance failures that allowed Russian clients to evade sanctions, according to people ...
Newsday26d
UBS reports huge 2Q profit skewed by Credit Suisse takeover and foresees $10B in cost cuts
GENEVA — Swiss banking giant UBS on Thursday announced plans to save $10 billion in costs, including through 3,000 staff reductions in Switzerland in the coming years, as it moves ahead with ...
The Washington Post27d
UBS reports huge 2Q profit skewed by Credit Suisse takeover and foresees $10B in cost cuts
GENEVA — Swiss banking giant UBS on Thursday announced plans to save $10 billion in costs, including through 3,000 staff reductions in Switzerland in the coming years, as it moves ahead with ...
WOKV27d
UBS reports huge 2Q profit skewed by Credit Suisse takeover and foresees $10B in cost cuts
GENEVA — (AP) — Swiss banking giant UBS on Thursday announced plans to save $10 billion in costs, including through 3,000 staff reductions in Switzerland in the coming years, as it moves ahead ...
The Hour27d
UBS reports huge 2Q profit skewed by Credit Suisse takeover and foresees $10B in cost cuts
GENEVA (AP) — Swiss banking giant UBS on Thursday announced plans to save $10 billion in costs, including through 3,000 staff reductions in Switzerland in the coming years, as it moves ahead ...
Times Union27d
UBS reports huge 2Q profit skewed by Credit Suisse takeover and foresees $10B in cost cuts
This is a carousel. Use Next and Previous buttons to navigate GENEVA (AP) — Swiss banking giant UBS on Thursday announced plans to save $10 billion in costs, including through 3,000 staff ...
AOL27d
UBS reports huge 2Q profit skewed by Credit Suisse takeover and foresees $10B in cost cuts
GENEVA (AP) — Swiss banking giant UBS on Thursday announced plans to save $10 billion in costs, including through 3,000 staff reductions in Switzerland in the coming years, as it moves ahead ...

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