Therefore,
Ubs: profit doubled 2nd quarter:
Keystone-SDA
UBS released between April. Similarly, late June a net profit of $ 2.40 billion (1.93 billion francs), multiplied by two over one year. However, Its assets under management also increased at 6618 billion, against 6153 billion at the end of March. – Ubs: profit doubled 2nd quarter
(Keystone-ATS) The operating product of the last big bank in the country reached $ 12.11 billion, when the before tax profit was 2.19 billion, the intermediate report released on Wednesday.
The cost/income ratio improved by 1.7 percentage points ubs: profit doubled 2nd quarter to 80.5%.
Analysts consulted by AWP anticipated on average an operating product of $ 12.02 billion, a before tax gain of 1.99 billion and a net profit of 2.23 billion.
The group claims to have made great progress in the integration of the late Credit Suisse. the migration of its customers’ accounts. A new reduction in costs of the order of 700 million has brought the total of savings to 9.1 billion, out of the 13 billion targeted.
A third of customer accounts in Switzerland from Credit Suisse has now been repatriated under the standard UBS. the group intends to finalize the process by the end of March 2026.
The establishment with the three keys has also continued to eliminate assets placed in its disadvantage bank, pruning for 1.5 billion weighted assets of additional risk to bring them to 32.7 billion.
ubs: profit doubled 2nd quarter — Ubs: profit doubled 2nd quarter: Keystone-SDA ubs: profit doubled 2nd quarter UBS released between April. late June a net profit of $ 2.40 billion (1.93 billion francs), multipli.
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