Tag: ubs

Top Swiss bank UBS smashes expectations with 99% rise in third-quarter net profit as trading and wealth management surge

FILE PHOTO: Logo of Swiss bank UBS is seen in Basel Reuters Swiss lender UBS posted a 99% jump in third-quarter net profit to...

Market frenzy: Coronavirus crisis a window of opportunity for bankers to the rich

ZURICH/LONDON: When markets slumped in March as the spread of coronavirus gathered pace, wealth managers’ trading volumes soared as ultra rich clients reshuffled their portfolios....