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UBS Group AG Chief Executive Officer Sergio Ermotti said that financial markets are at risk of over-optimism regarding the Iran conflict.
Source
Bloomberg Markets
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UBS Group AG Chief Executive Officer Sergio Ermotti discusses the bank’s intention to add to the $3 billion tally of share buybacks this year. Speaking to Bloomberg’s Guy Johnson, Ermotti says the lender believes it’s going to complete the $3 billion buyback “by the end of July.”
UBS reported its first quarter earnings on Wednesday, with net profits beating analyst estimates.
Haleon Plc’s first quarter was weaker than expected, hurt by lackluster demand for over-the-counter cold and flu medicines at the start of the year.
