Explainer-After Credit Suisse takeover, UBS gives first glimpse of new group

UBS will publish on Aug. 31 its first earnings report since a hastily arranged takeover of its Swiss rival Credit Suisse, shedding new light on the deal's impact and the inner workings of the new banking giant. UBS's results will include a separate disclosure for Credit Suisse, granting a more detailed overview of its problems, which UBS has now taken on. The information will show the extent of the damage to Credit Suisse's standing with customers and, in particular, its stricken wealth management arm, in the wake of the bank's rescue, arranged over one March weekend by Swiss authorities.