UBS shares experienced a 1.4 percent surge at the beginning of trading, reaching the highest level since the 2008 financial crisis. The bank's market capitalization now stands at around 100 billion Swiss francs, supported by impressive third-quarter results that exceeded market expectations and generated billions in profit.

All business segments, except for wealth management, reported better-than-expected operating income, contributing to a positive year-on-year earnings trend. Analysts praised the bank's positive outlook for the fourth quarter and highlighted the successful integration of Credit Suisse as a key factor in its performance.

JPMorgan analyst Kian Abouhossein commended the bank's reorganization efforts, while Vontobel analyst Andreas Venditti expressed confidence in the company's future, citing positive client activity and overall outlook.