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UBS Group's (UBS) first-quarter results reflect growth in Asset Management, Personal & Corporate Banking and Investment Bank divisions. A strong capital position is another positive.
Sergio Ermotti, the CEO of UBS, speaks to CNBC's Silvia Amaro after the bank's first-quarter results.
UBS on Tuesday posted a return to profit from two consecutive quarters of losses, as the Swiss bank massively outstripped analysts' forecasts while benefiting from its ongoing takeover of rival Credit
UBS crushed estimates for first-quarter earnings with the Swiss bank posting a first profit in the period since its shotgun marriage to beleaguered rival Credit Suisse. Net income of US$1.8 billion w
Johann Scholtz of Morningstar discusses UBS' first-quarter results, and says its integration of Credit Suisse makes it "tricky" to compare numbers across periods.
UBS Group AG, the Swiss multinational investment bank and financial services firm, released its quarterly earnings report for Q1 of FY24 on 7 May 2024. The company reported a net profit of $1.8 billio
UBS reported net income of $1.8 billion for January-March, its first quarterly profit since it took over fallen rival Credit Suisse.
Ulrich Korner, the final CEO of Credit Suisse, is set to leave UBS in the coming weeks, the Financial Times reported on Monday.
Credit Suisse's securities brokerage joint venture in China said its staff numbers sank 46% in 2023, a year the Swiss authorities arranged a takeover to keep the firm from collapsing.
UBS Group (UBS) intends to reduce hundreds of millions of dollars in its asset management business in order to remain profitable, per Reuters.
UBS (UBS) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street
South Korea's financial authorities have notified Credit Suisse AG it could face 50 billion won ($36.32 million) in fines over allegations it breached short-selling rules, South Korea's Chosun Ilbo da

5 Reasons Chinese Equities Have Bottomed

06:36pm, Wednesday, 24'th Apr 2024
A shift in government policy and four other bullish signals indicate that the bottom is likely in for Chinese stocks.
A new lawsuit by U.S. hedge fund Appaloosa LP accuses the former Credit Suisse of misleading investors about its health before $17 billion of its bonds were written down to zero in a government-orches
UBS has thrown a bone to metallurgical coal producers, suggesting prices should hold up over the next twelve months as Indian steel production ramps up, China demand recovers and restocking kicks in.
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