Morning Scan: No Update on Deutsche Negotiations; Chatbots Coming
10/28/16
Breaking News This Morning ...
UBS profits fall: Unlike other large international banks, which have mostly been reporting better-than-expected earnings for the third quarter, UBS reported its net profit dropped more than 60%. Net profit fell to 827 million Swiss francs from 2.1 billion francs in the same quarter last year. Analysts were expecting 945 million francs. Last year's figure was inflated by a large one-time tax benefit. The Swiss bank said it continued to experience...
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