Swiss banks Credit Suisse and UBS second quarter 2023 results
epa10830468 Group Chief Executive Officer of Swiss Bank UBS Sergio P. Ermotti speaks during the presentation of the second quarter 2023 and first results since the Credit Suisse merger, in Zurich, Switzerland, 31 August 2023. Swiss bank UBS announced 31 August plans to save 10 billion USD in costs as it moves ahead with "full integration" of longtime rival Credit Suisse's domestic operations, as UBS released its first earnings report since the government-orchestrated merger to help stave off a possible global financial meltdown. EPA/ENNIO LEANZA
