UBS Group AG (UBSG.SW)
- Yahoo Finance Video
Disney earnings, Fedspeak, Econ data: Monday's what to watch
Yahoo Finance Anchors Josh Lipton and Julie Hyman preview what investors should look out for on Tuesday, May 7th, from Disney (DIS) earnings to commentary from Minneapolis Federal Reserve president Neel Kashkari. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Melanie Riehl
- Business Wire
UBS 1Q24 net profit of USD 1.8bn and underlying PBT of USD 2.6bn; integration priorities on track (Ad hoc announcement pursuant to Article 53 of the SIX Exchange Regulation Listing Rules)
ZURICH, May 07, 2024-- UBS (NYSE:UBS) (SWX:UBSN):
- Reuters
UPDATE 3-UBS smashes estimates with first profit since Credit Suisse takeover
UBS on Tuesday reported net income for January-March that was nearly triple estimates as the bank logged its first quarterly profit since taking over fallen rival Credit Suisse. The group's wealth management arm also reported $27 billion in net new assets for the first quarter of the year, compared to $22 billion for the three months prior. UBS, however, flagged that lower lending and deposit volumes as well as lower interest rates in Switzerland could impact the bank's wealth management division.
