ZURICH (Feb 4): Swiss bank UBS posted on Wednesday a net profit of US$1.2 billion (RM4.71 billion) for the fourth quarter, up 56% year-on-year and ahead of a company-provided consensus forecast of US$919 million. The amount of additional buybacks was subject to further clarity around the future regulatory regime for banking in Switzerland, it said. Swiss authorities have proposed stricter capital rules for the country's remaining big bank since UBS bought ailing Credit Suisse in 2023 in a state-engineered emergency takeover. UBS added US$8.5 billion in net new assets to its global wealth management division during the quarter. Its asset management division brought in US$8 billion in total net new money over the same period.

Source: The Edge Markets February 04, 2026 06:11 UTC