UBS, the Swiss banking powerhouse, recently announced a strategic plan to resume share buybacks in the latter half of this year, earmarking up to $1 billion for its shareholders.
![Bankers from UBS walk outside the company's offices, reflecting the ongoing job cuts and integration efforts mentioned in the article. PHOTO: Gianluca Colla/Bloomberg/100318](https://krugmaninsights.com/wp-content/uploads/2023/09/1200x800-1024x683.webp)
This move comes as part of its ongoing efforts to integrate the acquired Credit Suisse, a major development in the banking sector.
Despite the complexities of this integration, UBS reported a significant