Wealth and Asset Management
UBS reports best second-quarter in nine years but warns against ‘sharp drop’ in interest rates
UBS announced a net profit of $1.4 billion for the second quarter of 2019. This compared to a net profit of 1.28 billion Swiss francs ($1.29 billion) in the second quarter of 2018. The Swiss-lender announced that this is the highest second-quarter net profit since 2010. The profit boost comes…
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