“Swiss Banks’ Financial Figures: CS and UBS Integration and Cash Outflows Revealed”

2023-04-21 14:58:20

The big Swiss banks may be presenting separate financial figures for the last time. At CS, the cash outflows are the focus, at UBS the pending integration.

Credit Suisse and UBS may report the first quarter separately for the last time early next week.

Stefan Wermuth / Bloomberg

Next Monday, Switzerland will find out how Credit Suisse (CS) has fared since the beginning of the year. How much customer money actually drained during the bank run? Credit Suisse may present its figures for the first quarter for the last time. The event was brought forward from Thursday to Monday at short notice – presumably so that the UBS management, who will present its own quarterly figures on Tuesday, can respond to the countless questions about the integration of CS.

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