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Hosted on MSN29d
UBS reports huge 2Q profit skewed by Credit Suisse takeover and foresees $10B in cost cuts
In a separate statement, Credit Suisse, calling itself a UBS subsidiary following the completion of the deal on June 12, announced a loss of 8.9 billion Swiss francs ($10.1 billion) as it wrapped ...
6h
Credit Suisse sees Q3 loss of $1.6 bln from reclassifying loans
Credit Suisse expects to make a third quarter loss of about $1.6 billion from reclassifying loans linked to its non-core and ...
23h
UBS Near Settlement in Credit Suisse $1.5 Billion Tuna Bond Case
UBS Group AG is closing in on a settlement with the government of Mozambique over Credit Suisse’s role in a ship-financing ...
Hosted on MSN29d
UBS posts $29 billion second-quarter profit in first results since Credit Suisse takeover
UBS on Thursday posted a second-quarter profit of $28.88 billion in its first quarterly earnings since Switzerland's largest bank completed its takeover of stricken rival Credit Suisse. Analysts ...
New York Post28d
UBS to slash 3K jobs despite posting $29B profit since Credit Suisse takeover
Swiss banking giant UBS on Thursday announced plans to save $10 billion in costs, including through 3,000 staff reductions in Switzerland in the coming years, as it moves ahead with “full ...
bankingdive1d
DOJ probes UBS, Credit Suisse over sanctions breaches
Credit Suisse’s alleged compliance issues may have caused some Russian clients to avoid sanctions, resulting in a Department of Justice investigation, Bloomberg reported.
WRBL29d
UBS reports huge 2Q profit skewed by Credit Suisse takeover and foresees $10B in cost cuts
In a separate statement, Credit Suisse, calling itself a UBS subsidiary following the completion of the deal on June 12, announced a loss of 8.9 billion Swiss francs ($10.1 billion) as it wrapped ...
Newsday28d
UBS reports huge 2Q profit skewed by Credit Suisse takeover and foresees $10B in cost cuts
GENEVA — Swiss banking giant UBS on Thursday announced plans to save $10 billion in costs, including through 3,000 staff reductions in Switzerland in the coming years, as it moves ahead with ...
Yahoo Finance29d
UBS reports huge 2Q profit skewed by Credit Suisse takeover, foresees $10B in cost cuts
GENEVA (AP) — Swiss bank UBS announced Thursday plans to save $10 billion in costs as it moves ahead with “full integration” of longtime rival Credit Suisse's domestic operations, as UBS ...
The Washington Post29d
UBS reports huge 2Q profit skewed by Credit Suisse takeover and foresees $10B in cost cuts
GENEVA — Swiss banking giant UBS on Thursday announced plans to save $10 billion in costs, including through 3,000 staff reductions in Switzerland in the coming years, as it moves ahead with ...
Yahoo Finance29d
UBS reports huge 2Q profit skewed by Credit Suisse takeover and foresees $10B in cost cuts
GENEVA (AP) — Swiss banking giant UBS on Thursday announced plans to save $10 billion in costs, including through 3,000 staff reductions in Switzerland in the coming years, as it moves ahead ...
Seattle Times29d
UBS reports huge 2Q profit skewed by Credit Suisse takeover and foresees $10B in cost cuts
GENEVA (AP) — Swiss banking giant UBS on Thursday announced plans to save $10 billion in costs, including through 3,000 staff reductions in Switzerland in the coming years, as it moves ahead ...

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