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Tag: profit

UBS swings back to profit for first time since Credit Suisse takeover
Business

UBS swings back to profit for first time since Credit Suisse takeover

May 9, 2024May 9, 2024

Swiss banking behemoth UBS on Tuesday reported a 71% enhance in first-quarter web revenue, reaching almost $1.8 billion, far surpassing expectations, after experiencing two consecutive

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UBS plans B in share buybacks as Credit Suisse takeover on track
Business

UBS plans $1B in share buybacks as Credit Suisse takeover on track

February 7, 2024February 7, 2024

Swiss banking large UBS on Tuesday reported a smaller-than-expected quarterly loss stemming from the prices of absorbing fallen rival Credit Suisse and stated it deliberate

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Net profit of Turkish banking sector up to .7B in H1
Business

Net profit of Turkish banking sector up to $9.7B in H1

August 1, 2023August 1, 2023

Türkiye’s banking sector posted a web revenue of TL 250.3 billion ($9.69 billion) within the first six months of 2023, the nation’s banking watchdog mentioned

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Türkiye quake claims dampen reinsurance giant Munich Re’s profits
Economy

Türkiye quake claims dampen reinsurance giant Munich Re’s profits

May 18, 2023May 18, 2023

German reinsurance big Munich Re Wednesday mentioned it had posted a drop in first-quarter income after taking successful from claims linked to the devastating earthquakes

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