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UBS reports doubled net profit to $2.4 billion, surpassing expectations amid market volatility.
UBS, a Swiss banking giant, reported a doubled net profit in the second quarter to $2.4 billion, surpassing analyst expectations.
The boost was driven by increased market volatility benefiting its investment and global wealth management divisions.
UBS also announced plans to maintain stable net interest income in the third quarter, with a slight increase in US dollar terms.
The bank is on track with the integration of Credit Suisse and remains confident in meeting its financial targets for 2025 and 2026.
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UBS informa que duplicó su beneficio neto a $2.400 millones, superando las expectativas en medio de la volatilidad del mercado.