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UBS profits rocket 80% to $3 billion for first quarter beat : UBS reported its first quarter earnings on Wednesday, with net profits beating analyst estimates.
cnbc.com/2026/04/29/ubs-swiss-bank-first-quarter-earnings-profit-switzerland-trading.html

UBS starts strong in 2026: higher share buybacks possible: The major bank wants to "continue to make a positive contribution" to the capital debate ...
nzz.ch/wirtschaft/die-ubs-erzielt-einen-gewinn-von-3-milliarden-us-dollar-und-stellt-eine-erhoehung-der-aktienrueckkaeufe-in-aussicht-ld.10004918

UBS Group CEO Sergio Ermotti says the bank intends to complete its $3 billion buyback "by the end of July." UBS Traders Drive Profit Jump as Bank Signals Bigger Buyback

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Profits jump 80% at UBS to $3 billion
businesspost.ie/article/profits-jump-80-at-ubs-to-3bn/

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Key FactsErmotti expected to lead UBS through Credit Suisse integration
Apr 1, 2023 · Reading time: ~45 sec.
Summary created with AI assistance · Source: nzz.ch
Summary created with AI assistance · Source: nzz.ch
- The state-backed takeover of Credit Suisse leaves UBS as Switzerland’s only major bank, albeit a much larger one.
- According to the article, Ermotti’s central task would be to implement the CS takeover quickly, including winding down toxic investment-banking operations and combining the wealth-management businesses.
- UBS management has so far directed growth mainly toward Asia and the United States, while the article portrays Swiss business as receiving less attention.
- The article warns that, because the merged bank is now a showcase for the financial centre, its success or failure could affect Switzerland’s financial reputation.
The (new) bank will only succeed if it grows. Absolutely! As soon as it is split into four parts.— Sergio Ermotti, UBS CEO, in the article about the bank's future (comment on growth and potential break-up).
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