{"id":88147,"date":"2024-05-07T01:28:46","date_gmt":"2024-05-07T05:28:46","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=88147"},"modified":"2024-05-07T01:25:46","modified_gmt":"2024-05-07T05:25:46","slug":"ubs-swings-back-to-profit-and-smashes-earnings-expectations-for-the-first-quarter","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2024\/ubs-swings-back-to-profit-and-smashes-earnings-expectations-for-the-first-quarter.html","title":{"rendered":"UBS swings back to profit and smashes earnings expectations for the first quarter"},"content":{"rendered":"\n<p>(CNBC) <a href=\"https:\/\/www.cnbc.com\/quotes\/UBSG-CH\/\">UBS<\/a>\u00a0on Tuesday\u00a0reported a net profit of $1.8 billion for the first quarter of the year, smashing analyst expectations. It is the Swiss banking giant\u2019s first earnings report in the black since it completed the\u00a0<a href=\"https:\/\/www.cnbc.com\/2023\/06\/12\/ubs-says-it-has-completed-the-takeover-of-credit-suisse.html\">acquisition<\/a>\u00a0of fallen rival Credit Suisse in June 2023, as it continues to undergo a mammoth\u00a0<a href=\"https:\/\/www.cnbc.com\/video\/2024\/02\/06\/ubs-ceo-delays-are-the-only-risk-to-credit-suisse-integration.html\">integration project<\/a>\u00a0to unite the businesses.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/05\/07\/ubs-first-quarter-earnings-2024.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) UBS\u00a0on Tuesday\u00a0reported a net profit of $1.8 billion for the first quarter of the year, smashing analyst expectations. It is the Swiss banking giant\u2019s first earnings report in the black since it completed the\u00a0acquisition\u00a0of fallen rival Credit Suisse in [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-88147","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88147","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=88147"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88147\/revisions"}],"predecessor-version":[{"id":88148,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88147\/revisions\/88148"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=88147"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=88147"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=88147"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}