Sarah McKee
Head of Investor Relations
Replay available
UBS Group AG (LSE: 0R3T) Q2 2025 earnings conference call, held 2025-07-30. Replay captured from the company's public earnings webcast.

Head of Investor Relations
Group Chief Executive Officer
Watch the replay and follow the connected company analysis, news, and investor updates for Ubs Group Ag.
WEBVTT 00:00:01.060 -- 00:00:06.708 Ladies and gentlemen, good morning. Welcome to the UBS second quarter 2025 00:00:06.708 -- 00:00:12.116 results. The conference must not be recorded for publication or broadcast. 00:00:12.116 -- 00:00:16.503 You can register for questions at any time by pressing star and one on your telephone. 00:00:16.503 -- 00:00:21.450 Should you need operator assistance, please press star and zero. 00:00:21.450 -- 00:00:25.956 At this time, it's my pleasure to hand over to Sarah McKee, UBS Investor Relations. 00:00:25.956 -- 00:00:28.457 Please go ahead, madam. 00:00:28.981 -- 00:00:33.067 Good morning and welcome, everyone. Before we start, I would like to draw your attention 00:00:33.067 -- 00:00:37.812 to our cautionary statement slide at the back of today's results presentation. 00:00:37.812 -- 00:00:42.957 Please also refer to the risk factors included in our annual report, together with additional 00:00:42.957 -- 00:00:46.599 disclosures in our SEC filings. 00:00:46.841 -- 00:00:49.945 On slide two, you can see our agenda for today. 00:00:49.945 -- 00:00:56.089 It's now my pleasure to hand over to Sergio Amotti, Group CEO. 00:00:56.351 -- 00:00:59.347 Thank you, Sara, and good morning, everyone. 00:00:59.347 -- 00:01:04.295 We sustained robust momentum during a quarter that started with extreme volatility by 00:01:04.295 -- 00:01:09.343 staying close to our clients and successfully executing the first wave of our 00:01:09.343 -- 00:01:15.073 Swiss client account migrations, a critical phase of our integration. 00:01:15.073 -- 00:01:20.482 This drove strong quarterly results, which contributed to a first half underlying 00:01:20.482 -- 00:01:24.685 return on CT1 capital of 13.3%. 00:01:25.351 -- 00:01:30.556 These results highlight the pow...