UBS Returns to Profit as CEO Ermotti Affirms Buyback Plans :

UBS Returns to Profit as CEO Ermotti Affirms Buyback Plans

(Bloomberg) — UBS Group AG returned to profit after two loss-making quarters, cementing sustained progress in the integration of Credit Suisse after its emergency rescue last year.  The Zurich-based bank said net income in the first quarter was $1.8 billion, three times what analysts forecast. While accounting effects related to the takeover represented a large…

Related Keywords

Switzerland , Zurich , Züsz , Swiss , Thomas Hallett , Allegra Catelli , Alison Williams , Sergio Ermotti , Paula Doenecke , Bloomberg Television Francine Lacqua On , Bloomberg , Credit Suisse , Apollo Global Management Inc , Swiss Federal Council , Executive Officer Sergio Ermotti , Bloomberg Television , Francine Lacqua , Apollo Global Management ,

© 2025 Vimarsana