UBS shares increased on Tuesday as the Swiss bank outstripped expectations for the second quarter and said it is now preparing to reap the benefits of its acquisition of its main rival Credit Suisse.

The firm said Tuesday that it expects to complete the merger of UBS and Credit Suisse ... benefits following the takeover of Credit Suisse in June 2023 also helped the bank post a net profit ...

UBS Group reported a second-quarter net profit that beat analysts' estimates and said it expects more cost savings from its integration of former rival Credit Suisse ... takeover was completed in ...

Switzerland’s largest bank generated a net profit of $1.14 billion (CHF985 million) for the months of April to June 2024 ... as part of the Credit Suisse emergency takeover, UBS was able ...

UBS and Credit Suisse provide investment banking ... The firm initiating the takeover will drive the process and lean toward saving their employees—to the detriment of those who work for ...

(Reuters) - UBS on Monday said it had completed its emergency takeover of embattled local rival Credit Suisse, creating a giant Swiss bank with a balance sheet of US$1.6trn and greater muscle in ...

UBS completed its merger with Credit Suisse at the end of May. Swiss banking titan UBS has reported a profit well ahead of analysts’ forecasts for the three months to June as it steps up its ...

Since its takeover of Credit Suisse, UBS Group has taken actions to close ... total net assets worth about $2.17 billion at the end of June 2024. Reuters said that during 2023, the fund's value ...

UBS is planning to cut 3,000 jobs in Switzerland as it continues to integrate Credit Suisse following the shock takeover of its rival earlier this year. UBS chief executive Sergio Ermotti said in ...

CPI Report Holds the AnswerMon, 12 Aug 2024 18:16:01 GMT Upcoming ... The Bank of England has approved UBS Group AG's takeover of Credit Suisse Group AG in the United Kingdom, people familiar ...

UBS said its revenue was boosted by the acquisition of Credit Suisse, which it completed in May this year, even as its profits suffered from various expenses related to the takeover including ...

UBS shares increased on Tuesday as the Swiss ... preparing to reap the benefits of its acquisition of its main rival Credit Suisse. The Zurich headquartered bank comfortably surpassed ...