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