Switzerland’s UBS swung to a third-quarter net loss after costs and expenses related the integration of peer Credit Suisse cut into the bank’s earnings.

UBS, which in June closed its acquisition of Credit Suisse as part of a rescue of the former rival, reported a net loss of $785 million compared with $1.73 billion in net profit in the prior year, missing estimates of a $444 million loss, according to a bank-provided consensus of analyst views.