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 (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 ...
Swiss financial major UBS (NYSE:UBS) posted its first quarterly profit since its takeover of Credit Suisse. It expects the ...
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 ...
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 took over Credit Suisse in a government-backed rescue last year in what was the biggest merger of banks of systemic ...
UBS Group's (UBS) first-quarter results reflect growth in Asset Management, Personal & Corporate Banking and Investment Bank divisions. A strong capital position is another positive.
With the bank targeting the completion of the legal merger with Credit Suisse by May 31, a robust set of results ... the new ordinance in 2026 at the earliest. In March UBS said it would buy back up ...
UBS Group (UBS) intends to reduce hundreds of millions of dollars in its asset management business in order to remain ...
UBS Group is considering cost-cutting measures in its asset-management unit, including reducing back-office staff and ...
ZURICH (Reuters) - 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.