Switzerland's UBS Q1 results: Net profit rises to $1.1 bn, shares up 3.6%

Q: How long will it take to read this news story?

The story "Switzerland&#039;s UBS Q1 results: Net profit rises to $1.1 bn, shares up 3.6%" has 878 words across 36 sentences, which will take approximately 4 - 8 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Switzerland&#039;s UBS Q1 results: Net profit rises to $1.1 bn, shares up 3.6%" was covered 7 hours ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 318 news stories per day. It's most recent story was published 2 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #22077885</li><li>URL: https://beamstart.com/news/switzerlands-ubs-q1-results-net-17236412777187</li></ul>

Business Standard Logo Business Standard 7h ago

Switzerland's UBS Q1 results: Net profit rises to $1.1 bn, shares up 3.6% - Business Standard

Quick Summary:

The net profit of $1.

UBS said it has reduced non-core and legacy risk-weighted assets by 42 per cent since the second quarter of last year, including an $8 billion decline quarter-on-quarter.

The bank said it expected to incur around $1.1 billion of integration-related expenses in the third quarter and that the pace of gross cost savings would decline modestly sequentially.