Wealth and Asset Management
UBS's first-quarter 2023 results
Solid underlying results and strong liquidity and capital amid uncertain market conditions On a reported basis, and including an increase in provisions of USD 665m related to the US residential mortgage-backed securities (RMBS) litigation matter, 1Q23 PBT was USD 1,495m (-45% YoY). Net credit loss expenses were USD 38m, compared…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: UBS