UBS group CEO Sergio Ermotti, who is leaving the bank in November
UBS's global wealth management (GWM) business produced a year-on-year profit increase of 41 percent in the first quarter of 2020, based on higher transaction and lending revenues.
Profit before tax for the quarter was $1.22 billion, compared with $863 million for the same period in 2019, with double-digit profit growth recorded in all regions.
Operating inc...
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