UBS Unveils New Group Following Credit Suisse Takeover

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Source: Reuters.com
UBS Unveils New Group Following Credit Suisse Takeover
Photo: Reuters.com
TL;DR Summary

UBS is set to release its first earnings report since the takeover of Credit Suisse, providing insight into the impact of the merger and the future of the new banking giant. Investors and analysts will be looking for information on the extent of damage at Credit Suisse, potential outflows of clients from UBS, the future of Credit Suisse's Swiss arm, expected job cuts, and details on the non-core unit of unwanted assets. UBS is expected to report a significant net profit for the second quarter, largely due to the merger, but analysts will focus on the restructuring program and other key factors.

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