The big bank $UBSG (-0,2 %) posted a profit of profit of 2.4 billion dollars which is twice as much as in the same period of the previous year. Adjusted for various special effects, this represents an increase of 2.68 billion (+30%). UBS has thus exceeded analysts' expectations.
Assets under management rose to USD 6618 billion (+7.8% compared to the first quarter).
With the integration of Credit Suisse, the bank is "still on track".
--> Bigger update as soon as I have time.
Source: FuW
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