Net profit for the world's largest wealth manager climbed to $2.1 billion for the July-September period, surpassing by a wide margin expectations for $1.557 billion in the bank's poll of 22 analysts.
ZURICH: UBS on Tuesday posted a 99% jump in third-quarter profit on heavy turnover in global markets, helping the bank to a strong performance in investment banking as well as an unexpected rise in earnings for wealth management.
Net profit for the world's largest wealth manager climbed to $2.1 billion for the July-September period, surpassing by a wide margin expectations for $1.557 billion in the bank's poll of 22 analysts.
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