UBS profits and net new inflows up

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Zurich, Switzerland GenevaLunch - International financial media are greeting first quarter figures from UBS with gloomy headlines, despite higher profits posted by the bank in its first quarter results Tuesday morning. UBS published figures showing pre-tax Q1 profits of CHF1.8 million, up over the previous quarter CHF1.7b, but 18 percent lower than the CHF2.2b Q1 ...

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