Big banks make much profit

29. July 2026, 12:15

The bank UBS has much success. It earns 2.8 billion dollar in the quarter. That is 17 percent more than before. The Deutsche Bank also has good numbers. It makes 1.64 billion euro profit.

Both banks want to buy own shares back. The UBS plans buys for 3 billion dollar. The Deutsche Bank wants to use 500 million euro. The owners are very happy.

The banks use new tech like Artificial Intelligence. This helps to save money. The Deutsche Bank earns much with consults. The UBS gets much new money from clients.

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Definitions

Quarter: A time span of 3 months in a year.
Artificial Intelligence: Computer programs that solve hard tasks like humans do.
Shares: Small parts of a company you can buy.
Consults: Help and good words for business.

People

Christian Sewing: He is the boss of the Deutsche Bank.
Raja Akram: He is the money boss of the Deutsche Bank.

Locations

Switzerland: A country in Europe where UBS has its home.
Frankfurt: A big city in Germany with many banks.

Sources

SRF 29. July 2026, 06:22

17 Prozent mehr als vor einem Jahr: UBS steigert Gewinn deutlich

Die Presse 29. July 2026, 06:28

Deutsche Bank steigert Gewinn überraschend um zehn Prozent

Kurier 29. July 2026, 06:38

Deutsche Bank überrascht mit Milliardengewinn

FAZ 29. July 2026, 07:00

Starke Investmentbanker: Deutsche Bank erzielt Rekordergebnis

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