UBS (UBS US) Q1 profits beat expectations, but the impact of tariffs still casts a shadow over the outlook.
According to the Wise Finance APP, UBS announced its first-quarter financial report for 2025 before the market opened on Wednesday, US Eastern Time, with net profit exceeding expectations. However, the Swiss bank warned that global economic growth faces uncertainty due to President Donald Trump's comprehensive imposition of tariffs. Although market volatility has driven an increase in its trading business revenue, the outlook remains uncertain.
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