UBS: Benefits Of Credit Suisse Deal Starting To Show

thamerpicUBS First Quarter Earnings Review: UBS Group AG (NYSE:UBS) reported a spectacular Q1 of 2024 early this morning. The integration of Credit Suisse continues apace. While there remain some cost cuts to complete, the revenue and expense benefits of the rescue deal are flowing through beautifully. This first slide lays out the big picture: consolidated revenue up 4% with expenses down 12%.  UBS Revenue and Expense Comparisons (UBS Q1 Presentation)The company lays out total PBT (profit before tax) a ...