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Coverage dated November 6, 2023

UBS posts large loss on costs of Credit Suisse takeover

Headline from KTVZ Bend

By Hanna Ziady, CNN London (CNN) — UBS made a hefty loss in the first full quarter since it closed a deal to rescue Credit Suisse, highlighting the scale of the challenge the bank faces as it absorbs its stricken rival.

KTVZ Bend's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

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Reports & sources

8 articles, oldest first.

  1. KTVZ Bend

    UBS posts large loss on costs of Credit Suisse takeover (opens KTVZ Bend)

    Published

    KTVZ Bend's feed description

    By Hanna Ziady, CNN London (CNN) — UBS made a hefty loss in the first full quarter since it closed a deal to rescue Credit Suisse, highlighting the scale of the challenge the bank faces as it absorbs its stricken rival.

  2. Bloomberg

    UBS Posts First Loss Since 2017 on Credit Suisse Integration (opens Bloomberg)

    Published

    Bloomberg's feed description

    UBS Group AG reported stronger-than-expected client inflows in its wealth-management business, boosted by the first signs of stabilization at Credit Suisse as it carries out an expensive and complex integration of its former rival.

  3. Digital Journal

    UBS posts first quarterly loss since 2017 on Credit Suisse costs (opens Digital Journal)

    Published

    Digital Journal's feed description

    UBS posted a larger-than-expected loss in the third quarter on Tuesday, the first quarterly drop since 2017 as it integrates Credit Suisse after taking

  4. Wall Street Journal

    UBS’s Takeover of Credit Suisse Was a Steal. Now Comes the Bumpy Part. (opens Wall Street Journal)

    Published

    Wall Street Journal's feed description

    The Swiss bank recorded its first loss in nearly six years and will take a long time to integrate its once-rival, even as gains materialize.

  5. The Guardian

    UBS reports $785m loss due to costs of Credit Suisse integration (opens The Guardian)

    Published

    The Guardian's feed description

    Swiss banking group has cut 13,000 jobs this year as it recovers from rushed rescue deal

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.

UBS posts large loss on costs of Credit Suisse takeover | Since Then