UBS profits soar from investment banking

The Swiss banking giant UBS has reported an increase in profits during the first three months of the year. It has been reported that the bank made a profit of 2.2bn Swiss Francs in contrast with the 2bn losses incurred during the same time last year. It is the bank’s highest profit reported during the last three years for one of the hardest-hit banks in the financial crisis. Chairman Kasper Villiger...
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