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UBS posts quarterly profit of $2.4 billion
As part of its cost-cutting programme, UBS also achieved additional gross savings of $0.7 billion in the second quarter. It further reduced its cost base in its Non-Core and Legacy (NCL) processing unit and at the same time realised cost synergies in its core businesses.
UBS’s Swiss unit saw earnings slide in the second quarter as interest margins narrowed and credit losses rose. The domestic ...
UBS (NYSE:UBS) reported a second-quarter 2025 net profit of $2.4 billion, more than double the $1.1 billion earned a year ...
UBS Group AG posted higher than expected profit in the second quarter, and signaled that the prospect of cooling global trade ...
UBS's second-quarter profit more than doubled from a year earlier, comfortably ahead of expectations, as it joined other ...
The integration of Credit Suisse is a mammoth task for UBS. According to the management’s plans under CEO Sergio Ermotti, the ...
UBS Group AG lost the crux of its case against European Union regulators over Credit Suisse Group AG’s involvement in a ...
More than two years have passed since the announcement of the Credit Suisse deal. UBS's earnings and sales are slowly ...
UBS said it’s now achieved $9.1 billion of gross savings from its purchase of Credit Suisse as the Swiss banking giant ...
UBS said on Wednesday that second-quarter profit more than doubled from a year earlier as market turmoil drove trading ...
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