UBS Achieves Record Profits and Growth Amid Credit Suisse Deal and Job Cuts
TL;DR Summary
UBS, a Swiss multinational investment bank, has reported a record profit of $29 billion, largely driven by its deal with Credit Suisse. The financial deal between the two banks has significantly contributed to UBS's success in the banking sector.
- UBS Posts Record $29 Billion Profit on Credit Suisse Deal The Wall Street Journal
- UBS shares jump to 2008 highs after profit beat, job cuts announcement CNBC
- UBS Seeing Inflows Across Platforms, CEO Ermotti Says Bloomberg Television
- UBS winds down Credit Suisse Global Markets business - client letter Reuters
- Midday Brief 31-08-2023 | UBS Group reports massive $28.88 billion Q2 net profit Forbes Middle East
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