UBS beats expectations for the first quarter; continues to reduce Russia exposure - CNBC

The bank said macroeconomic, geopolitical and market factors created a high level of uncertainty in the first three months of the year.

UBS has beat expectations for the first quarter of 2022 and said it has further reduced its exposure to Russia. The Swiss bank on Tuesday reported net profit attributable to shareholders of $2.136 b… [+2785 chars]

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