Tuesday, November 7, 2023

UBS Posts Q3 Loss On Credit Suisse Integration; Stock Up On Underlying Profit

Swiss banking major UBS Group AG reported Tuesday a loss in its third quarter, compared to prior year's profit, reflecting the integration of Credit Suisse. However, the company recorded an underlying profit in the first full quarter since acquisition, and revenues climbed from last year with good growth in all segments. UBS shares were gaining more than 3 percent in the morning trading in Switzer

from RTT - Earnings https://ift.tt/VDdbPYK
via IFTTT

No comments:

Post a Comment