Swiss banking giant UBS said Tuesday that it remained on track to substantially wrap up its mega-merger with Credit Suisse by ...
CEO Sergio Ermotti highlighted the strong fourth-quarter and full-year 2024 performance, with a net profit of $5.1 billion and underlying return on CET1 capital of 8.7%. Ermotti emphasized the ...
UBS made the deepest job cuts in the immediate aftermath of the takeover, with headcount dropping by more than 3,000 in the third quarter of 2023. That pace has slowed since and the workforce declined ...
Investment banks are benefiting from volatile markets, but their future profitability hinges on the regulatory backdrop.
UBS shares sank on Tuesday after its CEO warned again about the negative impact of new Swiss capital rules and the bank said ...
UBS Group AG reported Tuesday a profit in its fourth quarter, compared to prior year's loss, benefited by increased revenues. The ...
UBS said it expects gross cost savings from the integration of around $2.5 billion in 2025 and that it is on track to deliver ...
UBS Group posted fourth-quarter profit that beat forecasts by a wide margin and said it would buy back up to $3 billion in ...
Swiss banking giant UBS on Tuesday posted $770 million in fourth-quarter net profit, compared with a mean forecast of $886.4 ...
Imposing higher capital requirements on UBS as a systemically relevant bank will usher in higher costs for companies and ...
The job cuts are happening at a time when UBS is working to erase most traces of Credit Suisse from public view in ...
UBS Group AG has begun a wave of job cuts in its home market Switzerland, with hundreds of employees receiving notice in ...