UBS profits double as strong trading revenue offsets investment banking weakness Financial TimesUBS posts net profit beat as market volatility boosts trading CNBCUBS Profit Beats Estimates as Ermotti Sees Brighter Outlook Bloomberg.comUBS Posts Better-Than-Expected Profit as Volatility Boosts Trading Revenue The Wall Street Journal
UBS said it's now achieved $9.1 billion of gross savings from its purchase of Credit Suisse as the Swiss banking giant reported stronger-than-forecast second-quarter earnings.
Investors have been watching the performance of the lender's sharpened investment banking unit, which posted income of £3.3 billion the three months to June.
