Tag: NYSE: UBS
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UBS Reports Q3 Loss Amidst Credit Suisse Integration Challenges
UBS Group (NYSE: UBS) reported a loss of $785 million in the third quarter on Tuesday, after accounting for $2.1 billion in expenses related to the acquisition of the fallen rival Credit Suisse by the Swiss bank. The figure is compared to the $444 million loss attributed to shareholders estimated by analysts in a UBS…