Apr 29 2026FINANCE
UBS Shines with 80% Profit Jump in First Quarter
UBS posted a net profit of $3 billion for the first quarter, an 80% rise from last year and higher than analysts’ $2. 8 billion forecast. The Swiss bank’s CET‑1 capital ratio climbed to 14. 7%, up from 14. 4% a quarter earlier, showing stronger solvency. It plans to buy back $3 billion of shar
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