{"id":14445,"date":"2025-04-30T06:19:10","date_gmt":"2025-04-30T06:19:10","guid":{"rendered":"https:\/\/infundpros.com\/?p=14445"},"modified":"2025-04-30T06:19:11","modified_gmt":"2025-04-30T06:19:11","slug":"ubs-posts-1-7bn-net-profit-as-volatility-drives-earnings","status":"publish","type":"post","link":"https:\/\/infundpros.com\/?p=14445","title":{"rendered":"UBS posts $1.7bn net profit as volatility drives earnings"},"content":{"rendered":"<div>\n<p>Unlock the Editor\u2019s Digest for free<\/p>\n<p class=\"article__content-sign-up-topic-description\"><span>Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.<\/span><\/p>\n<p><iframe class=\"article__content-sign-up-iframe close\" scrolling=\"no\" id=\"signUpIframe\" data-prev-url=\"\/register\/in-article-sign-up?ft-content-uuid=089be1ce-e2ea-4540-8ed4-05362f0cad58\"><\/iframe><\/div>\n<div id=\"article-body\">\n<p>UBS reported net profits of $1.7bn in the first quarter, beating analysts\u2019 expectations after volatile financial markets helped drive earnings at Switzerland\u2019s biggest bank.\u00a0<\/p>\n<p>The bank\u2019s net profit was down from $1.8bn a year earlier but ahead of analyst forecasts of $1.3bn. Reported quarterly revenues were flat at $12.6bn.<\/p>\n<p>UBS\u2019s investment bank posted a 16 per cent jump in revenues to $3.3bn, boosted by its markets business, where revenues rose 32 per cent compared with the previous year to $2.5bn.<\/p>\n<p>The global wealth management division attracted $32bn in new money.\u00a0<\/p>\n<p>\u201cThe power and scale of our diversified global franchise, coupled with our continued focus on clients, drove strong business momentum in the quarter and net new inflows in our asset-gathering businesses,\u201d said chief executive Sergio Ermotti.<\/p>\n<p><em>This is a developing story<\/em><\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.ft.com\/content\/089be1ce-e2ea-4540-8ed4-05362f0cad58\" target=\"_blank\" rel=\"noopener\" rel=\"nofollow\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Unlock the Editor\u2019s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UBS reported&#8230;<\/p>\n","protected":false},"author":1,"featured_media":14446,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[],"class_list":{"0":"post-14445","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>UBS posts $1.7bn net profit as volatility drives earnings | inFundPros<\/title>\n<meta name=\"description\" content=\"Unlock the Editor\u2019s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.UBS reported net profits of\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/infundpros.com\/?p=14445\" \/>\n<meta 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