UBS confirms CHF2.2b profit for first quarter

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Zurich, Switzlerand GenevaLunch - Swiss bank UBS has posted CHF2.2 billion in profits for the second quarter, continuing its climb back to profitability. It earlier announced likely profits of CHF2.5b for the period, shortly before its annual general meeting. The bank says that while it continues to suffer from outflows, they are falling: CHF18b for ...

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