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Global Market: UBS posts 17% jump in Q2 profit, announces $3 billion share buyback plan
UBS reported a 17% rise in Q2 net profit to $2.8 billion, beating analyst estimates on strong wealth management and investment banking growth. The Swiss lender announced a $3 billion share buyback plan and achieved $12.6 billion in cumulative Credit Suisse integration savings while trimming its workforce below 100,000.
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finews.com
UBS Beats Expectations as Credit Suisse Integration Nears Completion
UBS beat second-quarter earnings expectations as the integration of Credit Suisse entered its final stretch. The world’s largest wealth manager also reported record client assets…
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swissinfo.ch
UBS Starts $3 Billion Buyback as It Counters Swiss Capital Push
(Bloomberg) -- UBS Group AG announced a new $3 billion share buyback program to run until mid-2027, giving investors more clarity on payouts amid ongoing uncertainty over the…
