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Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.
UBS’s fourth-quarter profits blew past expectations as it became the latest global bank to benefit from the trading frenzy following Donald Trump’s US presidential election victory.
A strong performance at its investment bank powered UBS to net profits of $770mn in the final three months of last year, surpassing the $483mn forecast by analysts. Revenues climbed 7…
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