UBS posts $1.0 bn Q1 net profit, Credit Suisse takeover to complete in Q2
- 25-Apr-2023
ZURICH: UBS said Tuesday it would likely complete its takeover of stricken rival Credit Suisse in the second quarter, as the bank posted an underwhelming first quarter net profit of $1.0 billion. All eyes were on whether Switzerland’s biggest bank is strong enough to carry through its forced alliance with Credit Suisse. Analysts polled by […]