UBS Group AG Registered Shares

UBS: XNYS (USA)
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UBS Earnings: Trading Carries Revenue as Cost Savings Run Out; FVE Raised to CHF 43

UBS’ third-quarter underlying pretax profit rose 14%, but only about 7% excluding a one-off legal gain. Earnings growth is slowing. Lower costs offset slightly weak revenue outside securities trading, but core revenue came in 3% below company consensus.

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