_ubs-bounces-back-with-strong-first-quarter-profit-fueled-by-wealth-management-success.jpg "UBS Bounces Back with Strong First-Quarter Profit, Fueled by Wealth Management Success from higher secondary school means Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:40
👁 View: 125K times
✓ Published: 08-May-2024
👁 View: 125K times
✓ Published: 08-May-2024
Description:
UBS reported a return to profit in the first-quarter after losses in the previous two quarters, beating analyst estimates. Profits were boosted by higher revenues in its flagship wealth management division, which rose 28%. Expenses fell and consolidation benefits from the Credit Suisse takeover in June 2023 contributed to the $1.8 billion net profit. UBS expects to complete merging its US entities with Credit Suisse in the second quarter and Swiss entities in the third quarter. CEO Sergio Ermotti said integration progress was good, and the bank had returned to profitability and underlying strength.
UBS reported a return to profit in the first-quarter after losses in the previous two quarters, beating analyst estimates. Profits were boosted by higher revenues in its flagship wealth management division, which rose 28%. Expenses fell and consolidation benefits from the Credit Suisse takeover in June 2023 contributed to the $1.8 billion net profit. UBS expects to complete merging its US entities with Credit Suisse in the second quarter and Swiss entities in the third quarter. CEO Sergio Ermotti said integration progress was good, and the bank had returned to profitability and underlying strength.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_skin-cancer-awareness-month-the-importance-of-sun-safety.webp "One in five Americans will develop skin cancer in their lifetime, and 90% of those cancers are melanoma, the deadliest type. But the good news is it is treatable if detected early. In fact, the five-year survival rate is 99%. On a mission to spread that message, longtime leaders in sun protection, skincare brand La Roche-Posay in partnership with TDS, the dermatologist specialists of New York City were offering free head to toe skin cancer screenings to the public. The brand says they've helped facilitate more than half a million skin exams by board certified dermatologists over the last ten years. Events like these, they say, help provide access to someone who may not visit a dermatologist regularly or have access to one. The team says more than 90% of skin cancers are caused by sun exposure and the sun's harmful rays can penetrate even through glass, so that means no matter where you are or what you're doing, if you're exposed to sunlight you need to protect your skin and remember - every day is a sunscreen day. For more info on sun safety, visit laroche-posay.us/saveourskin .")
_39i-see-plenty-of-potential-for-more39-399-1-139s39-oliver-stark-opens-up-about-abc-crossover-potential-ahead-of-the-39b.webp "\")
_postecoglou-discusses-set-pieces-moving-to-sweden-and-the-chelsea-london-derby.webp "Spurs boss Ange Postecoglou discusses his opinion on set pieces, moving to Sweden where VAR has been ruled out and the Chelsea London Derby and what it means to fans and players<br/><br/>Tottenham Hotspurs Training Ground, London, UK")
_39performance-and-cocktails39-phonics-and-tom-jones-tributes-rock-saundersfoot-harbour.webp "Gig-goers at Saundersfoot harbour enjoyed a ‘performance...and cocktails’ to bring in the May Bank Holiday, and ‘just looking’ at the crowd that enjoyed this flagship event for the seaside village - tribute band The Phonics (backed by Dean Jones as Tom Jones) certainly delivered the tunes!<br/>Running through a Stereophonics best of setlist (who had a hit themselves with a track called Bank Holiday Monday) - The Phonics and Tom certainly got the harbour decking rocking - and despite it being a wet start to the holiday weekend, it didn’t dampen the spirits of the audience on May 3, as they sang-along to hits such as Dakota and Mama Told Me Not To Come.<br/>Posting on Facebook, The Phonics said: “We would like to say a huge thank you to everyone involved in organising our show at Saundersfoot Harbour - to say we were blown away by how perfect everything was is an understatement! <br/>“Everything from the sound and lighting crew, the hospitality, and of course everyone who bought tickets. The memories from this one will stay with us forever.”<br/>Guitarist with the tribute band, Kevin McGuire also praised the organisation of the gig.<br/>“You should be so proud of yourselves, you're a prime example of how things should be organised, you did everything perfectly, and we (The Phonics) appreciate everything you did for us, so massive thanks once again,” he remarked.<br/>“Oh and you wouldn't need to ask twice for us to come back, we'd be there in a heartbeat!”<br/>Saundersfoot Harbour also thanked those that attended the concert: “Wow - completely blown away by the support shown last night from all those that attended our first large scale music event at the harbour. <br/><br/>“The harbour team were phenomenal as usual, all the event contractors were superb, the bands epic and the audience - just wow! <br/>“Being a Trust Port, the support from the community means so much to us. <br/>“All profits made are ploughed straight back into the harbour so that the harbour can continue to host a variety events and keep the harbour facilities well maintained for all to enjoy now and in the future.”<br/><br/>Videos: ©The Phonics/Saundersfoot Harbour<br/>Pic: ©Gareth Davies Photography<br/>")
⏲ 1:31 👁 130K
_my-beauty-queen-wife-is-younger-than-my-daughter-124-love-don39t-judge.webp "JOYCELINE, 27, met Dino, 56, after he slid into her DMs on Instagram for her crochet business. Joyceline remarked: \")
_92.webp "The Wrong Way to Use Healing Magic,\")
_don39t-ignore-these-10-warning-signs-of-silent-heart-attack.webp "Description..<br/><br/>Top ten indicators of a silent heart attack that you should pay attention to and not overlook.<br/>In today's video, we'll be discussing the top 10 warning signs of a silent heart attack that you should pay close attention to and not overlook.<br/><br/><br/>==================================================================<br/>Goals of The Channel<br/>Greetings and Welcome: The Goal of this channel, dedicated to empowering and inspiring your journey towards holistic well-being. Here, we aim to inform and educate you about the health benefits of nutraceuticals, dietary supplements, phytochemicals, and herbal supplements. Consider this your gateway to a world of knowledge, wisdom, health, and wellness, enabling you to live a healthier, happier, and more fulfilled life.<br/>==================================================================<br/>Follow Me On Social Media:<br/><br/>Follow me on Facebook:<br/>facebook.com/profile.php?id=61555761912093&mibextid=kFxxJD<br/>-------------------------------------------<br/>Follow me on Instagram:<br/>instagram.com/hea1thism<br/>===============================================================<br/><br/>Disclaimer<br/>The videos on Hea1thism channel are for educational and informational purposes only and does not constitute providing medical advice or professional services. It is by no means a replacement for expert medical guidance, diagnosis, or treatment. Whenever you have inquiries concerning a medical condition, alterations to your healthcare regimen, or the initiation of any new health-related practices, always consult your healthcare provider or a qualified medical specialist. Your health and well-being are our top priorities!<br/>")
_janet-yellen-touts-biden-admin-for-creating-economic-opportunity-for-americansacross-the-country.webp "During a House Ways & Means Committee hearing on Tuesday, Treasury Secretary Janet Yellen gave opening remarks touting the strength of the economy.<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/><br/>Stay Connected<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com")
⏲ 5:12 👁 31.3M
Related Video Searches
Back to Search
Search Videos
Recent Searches
×
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
_skin-cancer-awareness-month-the-importance-of-sun-safety.jpg)
_39i-see-plenty-of-potential-for-more39-399-1-139s39-oliver-stark-opens-up-about-abc-crossover-potential-ahead-of-the-39b.jpg)
_postecoglou-discusses-set-pieces-moving-to-sweden-and-the-chelsea-london-derby.jpg)
_39performance-and-cocktails39-phonics-and-tom-jones-tributes-rock-saundersfoot-harbour.jpg)
_my-beauty-queen-wife-is-younger-than-my-daughter-124-love-don39t-judge.jpg)
_92.jpg)
_don39t-ignore-these-10-warning-signs-of-silent-heart-attack.jpg)
_janet-yellen-touts-biden-admin-for-creating-economic-opportunity-for-americansacross-the-country.jpg)
❮❯
1 / 10
2 / 10
Play Video: (Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
3 / 10
4 / 10
5 / 10
6 / 10
7 / 10
8 / 10
9 / 10
10 / 10
![[+]](/images/menu.gif){kind=small}