UBS Reports Higher-Than-Expected Profit Driven by Trading Surge

UBS announced a pre-tax profit of $3.6 billion, exceeding expectations, largely due to a surge in trading. The bank also initiated a new share buyback program.

29 Jul, 06:04 — 29 Jul, 06:04

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FTVery High1h ago

UBS joins Wall Street rivals in trading-led profit surge

Swiss bank unveils $3bn share buyback after volatile stock market drives record second-quarter revenues

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First report: nzz · 29 Jul, 04:43|Full coverage: 3 · 1h|Window: 1h

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nzz29 Jul, 04:43First to report

UBS erzielt einen Vorsteuergewinn von 3,6 Milliarden Dollar und startet ein neues Programm für Aktienrückkäufe

20-minuten29 Jul, 05:01

UBS macht mehr Gewinn als erwartet

1h later

FT29 Jul, 06:04Latest update

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UBS Reports Higher-Than-Expected Profit Driven by Trading Surge

Sources

UBS joins Wall Street rivals in trading-led profit surge

Coverage Timeline

UBS erzielt einen Vorsteuergewinn von 3,6 Milliarden Dollar und startet ein neues Programm für Aktienrückkäufe

UBS macht mehr Gewinn als erwartet

UBS joins Wall Street rivals in trading-led profit surge

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