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UBS Second Quarter Profit Beats Estimates

UBS quarterly profit doubles; Ermotti takes aim at Swiss capital proposals

UBS's second-quarter profit more than doubled from a year earlier, comfortably ahead of expectations, as it joined other major banks in making the most of a surge in trading activity amid market turmoil.

Sharecast · 12m

UBS more-than-doubles second-quarter net profit

UBS more than doubled its second-quarter net profit to $2.4bn, it reported on Wednesday, beating market expectations as strong trading revenues and continued client inflows in its wealth management division offset weaker investment banking activity.

The Wall Street Journal on MSN · 5h

UBS Net Profit Beats Expectations

The banking giant reported second-quarter net profit that more than doubled on year and said the integration of Credit Suisse remains on track.

4hon MSN

UBS says savings from Credit Suisse deal reach $9.1 billion as profit tops forecast

UBS said it’s now achieved $9.1 billion of gross savings from its purchase of Credit Suisse as the Swiss banking giant ...

Cryptopolitan on MSN18m

UBS Q2 profits double as investment banking and wealth management lift revenue

UBS has just shocked the Street by more than doubling its second-quarter net profit year-on-year, after pocketing $2.395 ...

2d

UBS: Credit Suisse Deal Two Years Later

More than two years have passed since the announcement of the Credit Suisse deal. UBS's earnings and sales are slowly ...

UBS Switzerland Feels the Pinch as Interest Income Slides

UBS’s Swiss unit saw earnings slide in the second quarter as interest margins narrowed and credit losses rose. The domestic ...

20h

Exclusive: UBS steps up contingency planning as it tries to tame Swiss rules, sources say

UBS is briefing senior staff that the need to examine moving its HQ from Switzerland has grown since the government proposed ...

GlobalData on MSN1d

UBS terminates Aladdin contract with BlackRock

UBS Group has terminated its contract with BlackRock’s Aladdin technology platform, a multimillion-dollar agreement inherited ...

UBS Remains on Track with Restructuring Plan

The integration of Credit Suisse is a mammoth task for UBS. According to the management’s plans under CEO Sergio Ermotti, the ...

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