UBS posts $279 million Q4 net loss after Credit Suisse takeover

Feb 6, 2024

Zurich: Swiss banking giant ubs Posted a smaller net than expected on Tuesday quarterly $279 million loss, in between restructuring costs After swallowing your opponent credit Suisse,
Presenting its fourth-quarter and full-year 2023 earnings, the bank claimed it had already generated $4 billion in cost savings across the combined banks last year, with it expecting savings to grow to $13 billion by 2026 Will go.

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