UBS Q2 profits double as investment banking and wealth management lift revenue

UBS has just shocked the Street by more than doubling its second-quarter net profit year-on-year, after pocketing $2.395 billion between April and June. The bank made that announcement on Wednesday, confirming that its performance was driven by stronger results from its investment banking and wealth management units. The result beat the $1.901 billion average estimate […]

Source: cryptopolitan.com (Read Full Article)