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.
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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