UBS Group (UBS) plans to lay off 3,000 workers in a cost-saving strategy, coming right after reporting record revenue. Shopify (SHOP) is partnering with Amazon (AMZN) to offer U.S. merchants "Buy With
UBS (UBS) shares jumped more than 5% in early trading Thursday after the Swiss banking giant posted second-quarter earnings that blew past analysts' expectations after its acquisition of ailing rival
UBS records increased revenues and expenses in the second quarter of 2023.
Lloyds Banking Group PLC (LSE:LLOY), Berkeley Group Holdings PLC (LSE:BKG) and Bellway PLC (LSE:BWY) are the top picks from UBS as it carried out a large consumer survey on the UK housing market by UB
UBS shares rallied to 15-year highs on the back of what analysts branded a "historic" earnings report, though Deutsche Bank said the lender may remain a "construction site" for some time.
UBS Group AG (NYSE:UBS) plans to cut 3,000 jobs in Switzerland as part of a US$10 billion cost-cutting drive as it continues to bed in rival Credit Suisse. It would be next to impossible to extract sa
Bruno Verstraete, partner at Lakefield Partners, discusses the positive market reaction to UBS' massive second-quarter profit and announcement that it will fully absorb Credit Suisse's Swiss banking d
UBS should have spun off Credit Suisse's Swiss business, proxy adviser Ethos said on Thursday, after Switzerland's No. 1 bank annnounced plans to fully integrate its former rival's home market busines

Here's where UBS's profit of $29 billion ranks

05:17am, Thursday, 31'st Aug 2023
Granted, it was more an accounting quirk rather than hard money entering its coffers, but UBS's $28.88 billion profit in the second quarter was one for the record books.
UBS on Thursday reported a huge profit bump in the second quarter from acquiring Credit Suisse, as the Swiss banking giant decided to integrate the local banking operation it had previously considered
UBS Chief Executive Officer Sergio Ermotti says, “we will have around 3,000 jobs that will be made redundant over the next years,” as he discusses job cuts that will stem from the integration of C
UBS CEO Sergio Ermotti speaks to CNBC following the bank's first earnings report since its acquisition of stricken rival Credit Suisse was completed in June. UBS posted a $29 billion net profit as a r
Shares in UBS hit their highest level since October 2008 on Thursday, extending a strong run that has put the Swiss bank well ahead of its European rivals following the takeover in March of its strugg
UBS expects around 1,000 jobs to go from integrating Credit Suisse's Swiss business, Credit Suisse (Schweiz), and an additional 2,000 redundancies in Switzerland over the next couple years, Chief Exec
UBS said Thursday that it expected to generate $10 billion in savings from a sweeping overhaul of the new global banking giant created by its emergency rescue of stricken rival Credit Suisse earlier t
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