Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Pricing
Podcast Image

Daily Market Download

UBS Reports Strong Third Quarter 2025 Results and Integration Progress

29 Oct 2025

Description

The provided text is an ad hoc announcement from UBS regarding its strong financial results for the third quarter of 2025 (3Q25), noting significant progress on the Credit Suisse integration. Key highlights include a reported net profit of USD 2.5 billion and underlying profit before tax (PBT) of USD 3.6 billion, driven by growth across core businesses like Global Wealth Management and the Investment Bank. The report emphasizes the successful migration of client accounts in Switzerland and the early achievement of cost-saving goals, having already reached USD 10 billion in cumulative gross cost reductions, a quarter ahead of schedule. Furthermore, the documents detail the firm’s robust capital position, reflected in a 14.8% CET1 capital ratio, and strategic initiatives like investing in Generative AI and submitting a National Bank Charter application in the US.

Audio
Featured in this Episode

No persons identified in this episode.

Transcription

This episode hasn't been transcribed yet

Help us prioritize this episode for transcription by upvoting it.

0 upvotes
🗳️ Sign in to Upvote

Popular episodes get transcribed faster

Comments

There are no comments yet.

Please log in to write the first comment.