News

HSBC’s quarterly profit fell by 29 per cent year on year to $4.9bn , bringing its total first-half profit to $12.4bn, down $5.2bn from the same period last year. The bank’s biggest losses in the first ...
UBS more than doubled its second-quarter net profit to $2.4bn, it reported on Wednesday, beating market expectations as ...
UBS has just shocked the Street by more than doubling its second-quarter net profit year-on-year, after pocketing $2.395 ...
UBS Group reported better-than-expected earnings, as market volatility fueled trading-desk activity and boosted revenue at its investment bank, and pushed back against Switzerland's plans to put ...
The banking giant reported higher second-quarter net profit and pushed back against Switzerland’s plans to put stricter banking curbs ...
UBS's second-quarter profit more than doubled from a year earlier, comfortably ahead of expectations, as it joined other ...
UBS’s Swiss unit saw earnings slide in the second quarter as interest margins narrowed and credit losses rose. The domestic ...
UBS's revenue rose to $12.11 billion from $11.90 billion, helped by robust transaction activity. Its investment bank's global-markets segment experienced a record quarter, with revenue jumping 25% to ...
The integration of Credit Suisse is a mammoth task for UBS. According to the management’s plans under CEO Sergio Ermotti, the ...
Earlier this month, UBS launched a previously-announced share buyback of as much as US$2 billion for the second half of this ...
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 ...
UBS said it’s now achieved $9.1 billion of gross savings from its purchase of Credit Suisse as the Swiss banking giant ...