News Formal

UBS profits drop 27% in first quarter on 'challenging market conditions'

  • 📰 CNBC
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

इंडिया समाचार समाचार

इंडिया ताज़ा खबर,इंडिया मुख्य बातें

UBS earnings: $1.1 billion for Q1 net profit, vs $848 million expected

div > div.group > p:first-child"> Net income for the first quarter came in at $1.1 billion, versus $848 million expected in a Reuters poll of analysts.

At the end of 2018, the UBS noted some outflows in its wealth management division, which dented its performance. At the time, UBS also announced the aim to purchase $1 billion of its shares in 2019. This is after having had repurchased $751 million shares in 2018. Media reports have suggested this week that UBS is in talks with the asset management division of Deutsche Bank about a potential merger.

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।

Is that good?

हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

 /  🏆 12. in İN

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

UBS, Deutsche Bank in asset management merger talks: FTThe asset management arms of Deutsche Bank AG and Swiss bank UBS Group AG are in... So with a potential bidding war for DWS - what will Deutsche Bank do with the cash ? Buy back 40% of their own shares ?
स्रोत: Reuters - 🏆 2. / 97 और पढो »