Tuesday, July 23, 2019

TheStreet: UBS Profit Rises Slightly but Hampered by Wealth Management, Investment Banking

By SIMON CONSTABLE

Swiss-based financial services company UBS posted a slight increase in second-quarter earnings though the results were hampered in part by its sluggish wealth management and investment banking divisions.

The bank also warned that lower interest rates and politics could impede growth in future profits. Read more here.

Ank KumarCC BY-SA 4.0, via Wikimedia Commons


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