Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
UBS reports a $1.69B profit, up from expectations, but warns of U.S. tariffs' threat to global markets.
UBS reported a first-quarter net profit of $1.69 billion, down from $1.755 billion last year but above analysts' expectations.
The bank's global markets unit saw a 32% revenue increase, driven by higher trading activity in equities and foreign exchange.
However, UBS warned that U.S. tariffs pose a significant risk to global growth and inflation, leading to market volatility.
The bank expects a low single-digit decline in net interest income in the second quarter and plans to repurchase $2.5 billion in shares this year.
Despite the positive financial results, UBS shares have dropped 10% this year, partly due to tariff concerns.
UBS reporta una ganancia de $1.69B, por encima de las expectativas, pero advierte de la amenaza de los aranceles de EE.UU. a los mercados globales.