{"id":59223,"date":"2026-05-03T04:55:30","date_gmt":"2026-05-03T04:55:30","guid":{"rendered":"https:\/\/www.europesays.com\/ch\/59223\/"},"modified":"2026-05-03T04:55:30","modified_gmt":"2026-05-03T04:55:30","slug":"ubs-first-quarter-profits-jump-80-on-investment-banking-3","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ch\/59223\/","title":{"rendered":"UBS first-quarter profits jump 80% on investment banking"},"content":{"rendered":"<p>    <img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/www.europesays.com\/ch\/wp-content\/uploads\/2026\/05\/762545b471a3d11b67dc5b5443846516.jpeg\" alt=\"Shares in UBS jumped after it reported better-than-expected earnings in the first quarter (Fabrice COFFRINI)\" loading=\"eager\" height=\"511\" width=\"768\" class=\"yf-lglytj  loaded\"\/> Shares in UBS jumped after it reported better-than-expected earnings in the first quarter (Fabrice COFFRINI)  \u00b7 Fabrice COFFRINI\/AFP\/AFP    <\/p>\n<p class=\"yf-1fy9kyt\">Swiss banking giant UBS on Wednesday reported that net profit rose a better-than-expected 80 percent to $3 billion in the first quarter, lifted by its investment banking arm.<\/p>\n<p class=\"yf-1fy9kyt\">Revenue climbed 13 percent from the same period last year to $14.2 billion despite &#8220;a volatile and unpredictable geopolitical and market environment&#8221;, the bank said in a statement.<\/p>\n<p class=\"yf-1fy9kyt\">Analysts surveyed by the Swiss AWP news agency had forecast on average a profit of $2.4 billion and revenue of $13.4 billion.<\/p>\n<p class=\"yf-1fy9kyt\">&#8220;In an increasingly complex environment, we have delivered excellent 1st quarter results,&#8221; chief executive Sergio Ermotti said during a call with analysts.<\/p>\n<p class=\"yf-1fy9kyt\">The bank said in the statement that investment banking revenue rose 27 percent from the previous year.<\/p>\n<p class=\"yf-1fy9kyt\">Shares in the company jumped 4.7 percent in afternoon trading while the main Swiss stock index shed 0.5 percent.<\/p>\n<p class=\"yf-1fy9kyt\">In 2023, UBS agreed to acquire its former competitor Credit Suisse under pressure from the Swiss authorities to prevent its collapse.<\/p>\n<p class=\"yf-1fy9kyt\">Given UBS&#8217;s massive size following the merger, Swiss authorities have sought to strengthen banking regulations to ensure its resilience in the event of macroeconomic or financial market shocks.<\/p>\n<p class=\"yf-1fy9kyt\">UBS says the government&#8217;s proposals are too onerous.<\/p>\n<p class=\"yf-1fy9kyt\">&#8220;On the topic of Swiss capital requirements, we will continue to engage constructively and contribute to fact-based deliberations,&#8221; Ermotti said.<\/p>\n<p class=\"yf-1fy9kyt\">Major American investment banks such as Morgan Stanley and Goldman Sachs have also posted better-than-expected results in the first quarter, driven by their equity brokerage and mergers and acquisitions activities.<\/p>\n<p class=\"yf-1fy9kyt\">noo\/abx\/gv-rl\/sbk<\/p>\n","protected":false},"excerpt":{"rendered":"Shares in UBS jumped after it reported better-than-expected earnings in the first quarter (Fabrice COFFRINI) \u00b7 Fabrice COFFRINI\/AFP\/AFP&hellip;\n","protected":false},"author":2,"featured_media":59224,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[129],"tags":[32070,2511,32071,1549,13384,223],"class_list":{"0":"post-59223","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ubs","8":"tag-banking-regulations","9":"tag-investment-banking","10":"tag-market-environment","11":"tag-sergio-ermotti","12":"tag-swiss-authorities","13":"tag-ubs"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ch\/116508866994253089","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/59223","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/comments?post=59223"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/59223\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media\/59224"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media?parent=59223"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/categories?post=59223"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/tags?post=59223"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}