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UBS Books $3.59 Billion in Third-Quarter Pretax Profit, Up 27%
Net profit reached $2.7 billion, in line with estimates, while global wealth management drew strong net inflows.

UBS recorded $3.59 billion in pretax profit for the third quarter, a 27% increase from a year earlier. The Swiss bank and asset manager's result was largely in line with consensus forecasts.
Net profit reached $2.7 billion, in line with estimates. UBS's global wealth management business also drew strong net inflows.