
The provided text is an ad hoc announcement from UBS regarding its strong financial results for the third quarter of 2025 (3Q25), noting significant progress on the Credit Suisse integration. Key highlights include a reported net profit of USD 2.5 billion and underlying profit before tax (PBT) of USD 3.6 billion, driven by growth across core businesses like Global Wealth Management and the Investment Bank. The report emphasizes the successful migration of client accounts in Switzerland and the early achievement of cost-saving goals, having already reached USD 10 billion in cumulative gross cost reductions, a quarter ahead of schedule. Furthermore, the documents detail the firm’s robust capital position, reflected in a 14.8% CET1 capital ratio, and strategic initiatives like investing in Generative AI and submitting a National Bank Charter application in the US.