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it quite literally is the dawn of bhof stras Amo brings UBS Back to Black $ 1.76 billion do in profit from two quarters of losses that’s three times what the market had estimated some key messages the Investment Bank $555 million way over what was estimated advisory doing very very nicely but when it comes to understanding this bank and what amot is doing he’s frontloading he’s doing the classic he’s frontloading uh the Cost Cuts cumulative cost cut reduction 6.5 billion or 50% from 45% by 2026 this is The Price to Book value of UBS this is the US Banks this is the gap and Marty and ker want to close
[Music] go right the makeup is kind of a takee on crying and romance but we put we did a twist with glitter we wanted to kind of just do a little you know little razzled dazzle up top nikk up to top in the middle [Music] [Applause] to Jennifer that’s bu looking over the shoulder
well I um this morning I was on the call between the president and um prime minister Netanyahu we are closely tracking what is happening on the ground and my team is keeping me update and um I have nothing further at this time but I’ll keep youall posted if I have anything thank you thank you CHR
actually it’s a good momentum uh you may remember in the fourth quarter we also had a very strong performance in banking as we uh integrate the new colleagues from credit Swiss on our platform we start to see the pipeline developing we are able to execute and uh so it’s very much aligned with our expectations uh of of uh uh improving the mix uh between uh our markets business and our banking business in the Investment Bank as we start to do that we can uh unlock some cost savings but also unlock Capital Savings funding savings and therefore U um you know achieving our final targets to achieve 13 billions of savings by uh by the end ...