UPDATE 1-UBS posts 40% Q1 net profit rise as transaction levels jump
The world’s largest wealth
manager, UBS, reported a 40% increase in first-quarter
net profit on Tuesday, as clients increased trading activity
during market turmoil sparked by the coronavirus outbreak and as
it extended more loans to its wealthy clients.
manager, UBS, reported a 40% increase in first-quarter
net profit on Tuesday, as clients increased trading activity
during market turmoil sparked by the coronavirus outbreak and as
it extended more loans to its wealthy clients.
Posted by Reuters
