UBS may delay results after Credit Suisse rescue: report

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UBS may delay results after Credit Suisse rescue: report
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UBS is reportedly considering delaying its financial results from July 25 to late August due to the complex issues involved in the takeover of Credit Suisse.

Payne Capital Management President Ryan Payne and Bullseye American Ingenuity Fund portfolio manager Adam Johnson discuss the prospects of recession, the return of Sergio Ermotti as UBS CEO and the markets.

Parts of the deal have already been challenged by politicians and lawyers. UBS executives had hoped to complete the deal by the start of June.

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