UBS first-quarter profit up 14%, but CEO 'very disappointed' with hit from Archegos scandal

Retrieved on: 2021-04-27 05:01:05

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UBS first-quarter profit up 14%, but CEO 'very disappointed' with hit from Archegos scandal. View article details on hiswai:

Excerpt

The Swiss lender said revenues were $774 million lower as a result of the Archegos hedge fund's collapse. UBS CEO Ralph Hamers told CNBC the ...

Article found on: www.cnbc.com