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UBS second quarter profits boosted by wealth management business

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UBS delivered strong second quarter results with net profit attributable to shareholders up 14% year on year to CHF 1,174m. Adjusted1 profit before tax of CHF 1,675m and reported profit before tax of CHF 1,502m were both broadly unchanged.  As of 30 June 2017, the Group achieved CHF 1.8bn of…

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