UBS posts bigger loss than expected as it absorbs Credit Suisse

Malaysia News News

UBS posts bigger loss than expected as it absorbs Credit Suisse
Malaysia Latest News,Malaysia Headlines
  • 📰 fmtoday
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 72%

The third-quarter net loss stood at US$785 million, surpassing analysts forecast of US$430 million.

UBS reported integration-related expenses totalling US$2 billion for the third quarter involving the collapsed Swiss banking rival.

Net loss stood at US$785 million. Analysts surveyed by the AWP agency had been expecting a loss of US$430 million.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

fmtoday /  🏆 5. in MY

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Telegram has not responded to police request to remove suspected scam posts: ShanmugamTelegram has not responded to police request to remove suspected scam posts: ShanmugamThe 33-year-old is urging netizens to stop paying attention to her younger brother Amir Syafiq, who had been criticising the singer for selling the family home without consulting her family beforehand.
Read more »

Hartalega posts net profit of RM27.7mil in 2QHartalega posts net profit of RM27.7mil in 2QKUALA LUMPUR: The government has agreed that the unrecorded leave for Deepavali, which falls on Nov 13 (Monday), will be brought to Nov 14 (Tuesday) for Hindu civil servants in states that observe Sunday as their weekend rest day.
Read more »

Asus Malaysia replies local artist demanding take down of brand’s Israeli social media posts, in solidarity with under-siege PalestineAsus Malaysia replies local artist demanding take down of brand’s Israeli social media posts, in solidarity with under-siege PalestineKUALA LUMPUR, Nov 7 — The net is heating up as the conflict in the Middle East continues. Support is coming in from all sides, for both sides. Big-name brands around the world,...
Read more »

Furniture Factory In Selayang Goes Up In FlamesFurniture Factory In Selayang Goes Up In FlamesFortunately, no injuries or loss of lives were reported.
Read more »



Render Time: 2025-03-12 13:56:30