UBS (NYSE: UBS) and Credit score Suisse (NYSE: CS) are the 2 largest Swiss banks. After the financi
UBS (NYSE: UBS) and Credit score Suisse (NYSE: CS) are the 2 largest Swiss banks. After the financial downturn, the banks determined to chop again their funding banking exercise and elevated their give attention to wealth administration in view of stricter regulatory necessities. UBS was first off the block by way of restructuring its enterprise and has been in a position to reap the advantages of a extra steady enterprise mannequin, with wealth administration accounting for a bulk of the financial institution’s revenues. Then again, Credit score Suisse is but to complete making adjustments to the enterprise mannequin however wealth administration stays its key income driver.
Trefis captures detailed traits within the wealth administration enterprise for UBS vs. Credit Suisse in an interactive dashboard and concludes that though UBS has a bigger enterprise which generates extra revenues and income, Credit score Suisse is doing extraordinarily effectively to generate a comparable stage of income regardless of its smaller measurement.
UBS has increased revenues and has been rising at a sooner fee than Credit score Suisse
- UBS’s wealth administration enterprise is…