UBS sees net income jump 15 percent
Tuesday, May 3, 2005 Swiss banking giant UBS today reported better than expected first-quarter results – but warned investors that full year results could be hit by weaker investment banking revenues. First-quarter net profit stood at 2.625bn Swiss francs (US$2.19bn; €1.7bn) up 15% from last year’s 2.28bn Swiss francs. Assets under management grew to 2.36… Read More »