UBS said net profit in the first quarter rose 17% to $2.14 billion
UBS Group AG said it is in good shape to navigate geopolitical uncertainties and is benefiting from more client trading in its investment bank.
Switzerland’s biggest bank by assets said the trading uptick helped lift net profit in the first quarter, even as stock raising and deal advice in its investment bank slowed down and its bread-and-butter wealth business reported less client activity.
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