UBS posts $1.1B net profit in Q2

By Reuters

Aug 15, 2024 12:15 am

ZURICH, Switzerland — UBS reported on Wednesday a net profit of $1.14 billion for the April-June period, the first results since the completion of the bank's formal legal merger with its one-time rival Credit Suisse.

The net profit attributable to shareholders for Switzerland's largest bank compared with the $528 million forecast by analysts in a company-provided poll.

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