UBS Group's CET1 capital decreased by USD 1.9bn to USD 74.2bn in Q3 2024, as operating profit of USD 1.9bn and foreign currency gains of USD 1.3bn were offset by accelerated amortization of transitional CET1 capital PPA adjustments of USD 3.4bn and other factors. The CET1 capital ratio decreased to 14.29% from 14.88%.Risk-weighted assets increased by USD 8.0bn to USD 519.4bn, driven by increases in credit risk RWA (USD 4.1bn), market risk RWA (USD 2.4bn) and amounts below thresholds for deduction (USD 2.3bn). The leverage ratio denominator increased by USD 44.1bn to USD 1,608.3bn due to currency effects of USD 53.6bn, partly offset by asset size reductions.The quarterly average liquidity coverage ratio decreased 12.7 percentage points to 199.2%, while the net stable funding ratio declined 1.2 percentage points to 126.9%. The merger of UBS Switzerland AG and Credit Suisse (Schweiz) AG was completed on July 1, 2024, marking a significant milestone in the integration process.

UBS Group's CET1 capital decreased by USD 1.9bn to USD 74.2bn in Q3 2024, as operating profit of USD 1.9bn and foreign currency gains of USD 1.3bn were offset by accelerated amortization of transitional CET1 capital PPA adjustments of USD 3.4bn and other factors. The CET1 capital ratio decreased to 14.29% from 14.88%.Risk-weighted assets increased by USD 8.0bn to USD 519.4bn, driven by increases in credit risk RWA (USD 4.1bn), market risk RWA (USD 2.4bn) and amounts below thresholds for deduction (USD 2.3bn). The leverage ratio denominator increased by USD 44.1bn to USD 1,608.3bn due to currency effects of USD 53.6bn, partly offset by asset size reductions.The quarterly average liquidity coverage ratio decreased 12.7 percentage points to 199.2%, while the net stable funding ratio declined 1.2 percentage points to 126.9%. The merger of UBS Switzerland AG and Credit Suisse (Schweiz) AG was completed on July 1, 2024, marking a significant milestone in the integration process.