Keeping in mind the fact that UBS has consolidated its balance sheet well over the years by focusing on wealth management, now may be a good time for it to complement the business model by expanding its presence in key investment banking areas.in an interactive dashboard, and concludes that UBS’s business model has more stable revenue streams, while Credit Suisse’s business has the potential to generate very high margins and profitability due to its larger IB division.
Credit Suisse’s revenue in 2018 stood at $21.5 billion with Investment Bank and Wealth Management both contributing approximately 40% to total revenues.has declined at an average annual rate of 1.7% primarily due to sub-par performance of its investment bank while its Wealth Management business has flourished.
As of 2018, Credit Suisse’s advisory services revenues stood at $950 million – roughly 30% more than that of UBS’s $717 million.
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: BusinessInsider - 🏆 729. / 51 Read more »