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Swiss Bank (UBS) Net Profits Rise 14%

UBS offices zurich
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UBS said Friday its net profit climbed 14 percent in the third quarter to 946 million Swiss francs (814 million euros, $946 million) and Swiss banking giant expressed confidence about improving market conditions. That beat the 896 million Swiss francs expected on average by analysts surveyed by Swiss financial news agency AWP. UBS’s revenues climbed 2.1…



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