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January 19, 2022
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Wealth management boom, UBS profit leaps 63% in Q2

ZURICH (SWITZERLAND) -UBS on Tuesday posted a 63% jump in second-quarter net profit, easily beating expectations as buoyant markets continued to help the world’s largest wealth manager generate higher earnings from managing money for the rich. The Swiss bank’s net profit of $2.01 billion far outpaced expectations for $1.34 billion in a poll of 20 […]