Want to create an interactive transcript for this episode?
Podcast: Squawk Box Europe Express
Episode: SQUAWK BOX, THURSDAY 31ST AUGUST, 2023
Description: UBS reveals its first set of quarterly results following its emergency takeover of rival Credit Suisse, posting a Q2 net profit of $29bn. It also announces it plans to keep the Credit Suisse domestic bank going. A revised Q2 GDP reading in the U.S. comes in softer than expected while private payrolls slow sharply for August as the labour market begins to cool. The S&P 500 is on track for a fourth consecutive day in the green ahead of tomorrow’s key U.S. jobs report. Chinese manufacturing contracts for a fifth month in a row but not by...