UBS AG published its 1Q25 financial report (Ad hoc announcement pursuant to Article 53 of the SIX Exchange Regulation Listing Rules)

About this update from Ubs Group Ag

[{"type":"text","content":"ZURICH, May 08, 2025--(BUSINESS WIRE)--","length":39,"tagName":"p"},{"type":"text","content":"UBS (NYSE:UBS) (SWX:UBSN) today published the UBS AG first-quarter 2025 financial report and the 31 March 2025 UBS Group Pillar 3 Report. These reports are available for download on the UBS website.","length":198,"tagName":"p"},{"type":"text","content":"Cautionary Statement Regarding Forward-Looking Statements","length":57,"tagName":"p"},{"type":"text","content":"This news release contains statements that constitute "forward-looking statements," including but not limited to management’s outlook for UBS’s financial performance, statements relating to the anticipated effect of transactions and strategic initiatives on UBS’s business and future development and goals or intentions to achieve climate, sustainability and other social objectives. While these forward-looking statements represent UBS’s judgments, expectations and objectives concerning the matters described, a number of risks, uncertainties and other important factors could cause actual developments and results to differ materially from UBS’s expectations. In particular, the global economy may suffer significant adverse effects from increasing political tensions between world powers, changes to international trade policies, including those related to tariffs and trade barriers, and ongoing conflicts in the Middle East, as well as the continuing Russia–Ukraine war. UBS’s acquisition of the Credit Suisse Group has materially changed its outlook and strategic direction and introduced new operational challenges. The integration of the Credit Suisse entities into the UBS structure is expected to continue through 2026 and presents significant operational and execution risk, including the risks that UBS may be unable to achieve the cost reductions and business benefits contemplated by the transaction, that it may incur higher costs to execute the integration of Credit Suisse and that the acquired business may have greater risks or liabilities than expected. Following the failure of Credit Suisse, Switzerland is considering significant changes to its capital, resolution and regulatory regime, which, if proposed and adopted, may significantly increase our capital requirements or impose other costs on UBS. These factors create greater uncertainty about forward-looking statements....

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