Business
UBS swings back to profit and smashes earnings expectations for the first quarter - CNBC
It is the Swiss banking giant's first earnings report in the black since it completed the acquisition of fallen rival Credit Suisse.
By: CNBC
- May 08 2024
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UBS on Tuesday reported a swing back to profit after two quarterly losses as it smashed first-quarter expectations, with results bolstered by higher wealth management revenues.
Lower expenses and co… [+1289 chars]