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UBS Q3 net profit rose 74% to $2.5 billion, beating expectations.

UBS reported a sharp jump in third‑quarter net income, showing the numbers clearly instead of trying to dress them up. The European banking giant reported $2.5 billion in net profit for the quarter. That is up 74% from $1.43 billion in the same period last year. Analysts expected $1.85 billion, so the result beat the [...]

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