Zurich, Feb 4, 2025 (AFP) - UBS profit beats forecast as Credit Suisse merger nears end

NAMPA / AFP

2025-02-04

Swiss banking giant UBS said it remained on track to substantially wrap up its mega-merger with Credit Suisse by the end of 2026, after once again posting better-than-expected quarterly results on Tuesday. Switzerland's biggest bank reported a net profit of $770 million for the fourth quarter of 2024, compared with a $279 million loss in the same period a year earlier as it wrestled with the weight of absorbing its closest domestic rival. In Marc......

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