Swiss Bank UBS Exceeds Q1 Profit Expectations, Makes $1.7 BN Profit | The World Report
Swiss Bank UBS has reported a net profit of $1.7 billion in the first quarter of 2025 on Wednesday, due to strong performance in its trading activities. However, the bank has warned that uncertainty caused by U.S. Tariffs could slow down global growth and affect interest rates. UBS is expecting its wealth management business to decline slightly in the next quarter and has warned that market uncertainty might delay corporate deals. Watch NDTV's World Report for more.
