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UBS considering results delay after CS takeover

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What we learned as Tongue makes his mark at Lord’s

What we learned as Tongue makes his mark at Lord’s

MRINMAY DEY

UBS IS considering delaying its quarterly results at least until the end of August, as the Swiss banking giant deals with the complexities over its takeover of Credit Suisse, the Financial Times reported yesterday.

The bank is scheduled to report its April-June results on 25 July.

A notice on the bank’s website says the anticipated date may change.

“Publication date may change depending on the timing of the closing of the anticipated acquisition of Credit Suisse,” the notice says.

UBS didn’t immediately respond to a request for comment on the report.

Executives at Switzerland’s biggest bank are weighing up delaying the publication of results along with an update on the plans for Credit Suisse’s domestic business, the

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Monday 5 June 2023