UBS posted better-than-expected first-quarter net profit, aided by record trading revenues as market turbulence increased amid the war in the Middle East. The result points to stronger-than-expected performance in its markets business and a positive earnings surprise for the quarter.
UBS posted better-than-expected first-quarter net profit, aided by record trading revenues as market turbulence increased amid the war in the Middle East. The result points to stronger-than-expected performance in its markets business and a positive earnings surprise for the quarter.
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