_ubs-bounces-back-with-strong-first-quarter-profit-fueled-by-wealth-management-success.jpg "UBS Bounces Back with Strong First-Quarter Profit, Fueled by Wealth Management Success from youtube net Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:40
👁 View: 150K times
✓ Published: 08-May-2024
👁 View: 150K times
✓ Published: 08-May-2024
Description:
UBS reported a return to profit in the first-quarter after losses in the previous two quarters, beating analyst estimates. Profits were boosted by higher revenues in its flagship wealth management division, which rose 28%. Expenses fell and consolidation benefits from the Credit Suisse takeover in June 2023 contributed to the $1.8 billion net profit. UBS expects to complete merging its US entities with Credit Suisse in the second quarter and Swiss entities in the third quarter. CEO Sergio Ermotti said integration progress was good, and the bank had returned to profitability and underlying strength.
UBS reported a return to profit in the first-quarter after losses in the previous two quarters, beating analyst estimates. Profits were boosted by higher revenues in its flagship wealth management division, which rose 28%. Expenses fell and consolidation benefits from the Credit Suisse takeover in June 2023 contributed to the $1.8 billion net profit. UBS expects to complete merging its US entities with Credit Suisse in the second quarter and Swiss entities in the third quarter. CEO Sergio Ermotti said integration progress was good, and the bank had returned to profitability and underlying strength.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_funniest-failarmy-shorts-124-try-not-to-laugh.webp "FailArmy")
_10-most-watched-wwe-youtube-videos-124-partsfunknown.webp "Are you surprised at the 10 most watched WWE YouTube videos?<br/>10 Most watched WWE YouTube Videos | partsFUNknown<br/><br/>00:00 - Start<br/>00:58 - #10<br/>01:49 - #9<br/>03:03 - #8<br/>04:13 - #7<br/>06:13 - #6<br/>06:11 - #5<br/>07:19 - #4<br/>08:30 - #3<br/>09:24 - #2<br/>10:15 - #1<br/><br/>Luke gets technical and looks at the 10 most watched videos on WWE's YouTube page.<br/><br/>SUBSCRIBE TO partsFUNknown: https://bit.ly/2J2Hl6q<br/>TWITTER: https://twitter.com/partsfunknown<br/>FACEBOOK: https://www.facebook.com/partsfunknown/<br/>Buy wrestling merchandise here: https://www.wrestleshop.com/<br/>Read more Feature content here on WrestleTalk.com: https://wrestletalk.com/features/")
_average-net-worth-by-age-62.webp "Holy Schmidt!")
_about-andrew-camarata-net-worth-wife-sister-and-lifestyle.webp "Net Worth Post")
_how-to-throw-a-cast-net-step-by-step-captain-mike-reelreports.webp "ReelReports")
_surviving-24-hours-in-an-abandoned-city-apocalypse-in-real-life.webp "TIM TIN")
⏲ 1 hour 38 minutes 57 seconds 👁 5.3K
_how-much-youtube-pay-per-1000-views-124-m-tahir.webp "How much YouTube pay per 1000 views |M. Tahir<br/><br/>How much YouTube pay for 1000 views,<br/>How much YouTube pay for 1k views,<br/>How much YouTube pay for 1 million views,<br/>How much YouTube pay for 1 million views in Pakistan,<br/>How much YouTube pay for 1 million views in India,<br/>How much YouTube pay for 1 million views on shorts,<br/>How much YouTube pay for 100k views,<br/>How much YouTube pay for 1k views on shorts,<br/>How much YouTube pay for 1 million views on shorts,<br/>YouTube,<br/>Earning,<br/>New,<br/>Settings,<br/>New update from YouTube,<br/>Big update,<br/>How to earn from YouTube,<br/>YouTube earning,<br/>BinZaman,<br/><br/>#earnmoneyonline <br/>#onlineearning")
_the-new-building-is-happening-plan-overview-amp-when-construction-will-begin.webp "Squatch253")
⏲ 8 minutes 45 seconds 👁 839
_funniest-failarmy-shorts-124-try-not-to-laugh.jpg)
_10-most-watched-wwe-youtube-videos-124-partsfunknown.jpg)
_average-net-worth-by-age-62.jpg)
_about-andrew-camarata-net-worth-wife-sister-and-lifestyle.jpg)
_how-to-throw-a-cast-net-step-by-step-captain-mike-reelreports.jpg)
_surviving-24-hours-in-an-abandoned-city-apocalypse-in-real-life.jpg)
_how-much-youtube-pay-per-1000-views-124-m-tahir.jpg)
_the-new-building-is-happening-plan-overview-amp-when-construction-will-begin.jpg)
![[+]](/images/menu.gif){kind=small}