Corporate Debt Restructuring Masterclass

18 July 2022 (Mon), 5pm Singapore/HK time

UBS, Santander Report Strong Results

UBS, Santander Report Strong Results

UBS reported a Q1 2022 net profit of $2.1bn, a 17% YoY rise. This follows a drop in Q4 net profit to $1.35bn at the end of the last year. Reuters notes that this is UBS’s best first quarter profit in 15 years. The results came despite its large Global Wealth...
Banco Santander and UBS Report Solid Results

Banco Santander and UBS Report Solid Results

Banco Santander reported its most profitable quarter in 12 years with attributable and underlying profits of €2.3bn, up 5% YoY. Annually, attributable profit stood at €8.1bn vs. €8.8bn loss in 2020. The strong results were driven by a rebound in economic activity,...
UBS, Santander Report Strong Results

UBS Tax Penalty More Than Halved to €1.8bn

UBS has been ordered by a French appeals court to pay €1.8bn regarding a tax evasion case. in 2019, UBS was found guilty of helping rich clients evade paying tax post which the court ordered a €3.7bn fine and an additional €800m in damages. UBS appealed against it...
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