Tuesday, October 22, 2019

UBS Q3 Profit Declines, Sees Positive Momentum; Stock Up

Swiss banking giant UBS Group AG reported lower profit in its third quarter mainly with weak profit in Investment Bank segment and lower net interest income. Looking ahead, the bank noted that geopolitical tensions and trade disputes continue to impact investor confidence. However, positive momentum toward resolving issues would likely improve confidence and the economic outlook.

from RTT - Earnings https://ift.tt/2qsgdVw
via IFTTT

No comments:

Post a Comment