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UBS Has Cut 10,000 Jobs

Bloomberg L.P. · 14h

UBS Has Cut 10,000 Jobs Since Credit Suisse Takeover in 2023

UBS Group AG has cut more than 10,000 roles since it bought Credit Suisse, marking a milestone in the lender’s efforts to integrate its former rival.

Indiatimes · 17h

UBS says Credit Suisse integration to practically complete next year

UBS, Switzerland's largest bank, announced Tuesday it is on schedule with its 2024 targets for integrating Credit Suisse. The bank expects the merger to be largely finished by the end of 2026.

sharewise · 16h

UBS Stock: Q4 Profit Soars with Credit Suisse Integration

UBS has demonstrated remarkable financial resilience in the fourth quarter of 2024, posting a net profit of $770 million, marking a significant turnaround from the previous year's $279 million loss

Swiss bank UBS returns to profit in 4th quarter

Hosted on MSN · 9h

UBS CEO takes aim again at Swiss capital rules, spooking shares

UBS shares sank on Tuesday after its CEO warned again about the negative impact of new Swiss capital rules and the bank said its buyback plans hinged on no major changes to them. Shares in Switzerland's largest bank initially rose after its fourth quarter profit beat forecasts,

Bloomberg L.P. · 13h

UBS Says Swiss Capital Rule Would Mean Higher Profit Retention

UBS Group AG says it would have to fund any new capital requirement from the Swiss government through higher profit retention, according to the bank’s Chief Financial Officer Todd Tuckner.

DPA International on MSN · 15h

Swiss bank UBS returns to profit in fourth quarter

UBS Group AG was back in the black in the fourth quarter - based off better revenues - after incurring a loss in the same period of the previous year, the Swiss banking giant reported on Tuesday. For the fourth quarter,

13hon MSN

UBS Buyback Plans Fail to Cheer Investors Awaiting Capital Rule

UBS Group AG shares slumped on Tuesday, signaling that uncertainty over an upcoming government decision on capital ...

11h

Answer to UBS’s chronic US problem may be M&A

Sergio Ermotti has a U.S. problem. The UBS boss acknowledged as much on Tuesday by releasing some new targets for the ...

Financial Planning3h

UBS admits pay cuts likely to drive advisor attrition in 2025

The Zurich-based bank is in the midst of overhauling its U.S. wealth business with a greater priority on mass affluent clients and lower costs.

9h

UBS Turns To Profit In Q4, Hikes Dividend, Plans $3 Bln Buyback; But Stock Down

UBS Group AG reported Tuesday a profit in its fourth quarter, compared to prior year's loss, benefited by increased revenues. The ...

7h

UBS Group: Regulatory Overhang Dampens Q4 Earnings Beat

UBS Group AG exceeds Q4 expectations, plans for cost cuts and improved RoCET1, faces challenges post Credit Suisse takeover.

17hon MSN

UBS Aims to Boost Buybacks as Net Profit Beats Expectations

The group said net profit for the quarter was $770 million compared with a loss of $279 million in the year-earlier period, ...

11h

UBS Earnings: UBS Shares Drop 6% Despite Strong Q4 Profits and Buyback

Shares of the banking giant UBS Group AG (UBS) dropped nearly 6% in pre-market trading, despite reporting strong Q4 profits.

11h

UBS Absorbs Tougher Swiss Trading Rules While Global Peers Delay

UBS Group AG said it managed to offset the effect of tougher rules on its trading operations which Switzerland had introduced ...

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