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UBSG: XSWX (CHE)

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UBS Navigating Postmerger Capital Headwinds

Johann Scholtz

Jun 9, 2026

Business Strategy and Outlook

UBS has made significant progress with its integration of Credit Suisse, and completion remains on track. The merger has delivered the expected cost savings, and UBS is on course to restore its premerger operating margins. Concerns about market share losses have not materialized, and markdowns of the value of Credit Suisse assets have been limited.

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UBS Group AG Registered Shares

UBS Navigating Postmerger Capital Headwinds

Business Strategy and Outlook

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