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UBS reports higher-than-forecast Q3 loss of $785 million

Bull Bear Daily November 7, 2023
FILE PHOTO: People walk past the headquarters of Swiss bank

FILE PHOTO: People walk past the headquarters of Swiss bank UBS in Zurich

ZURICH (Reuters) – UBS Group on Tuesday reported a loss of $785 million attributable to shareholders in the third quarter, higher than the expected loss of $444 million forecast by analysts in a company-provided poll.

(Reporting by Noele Illien, editing by Rachel More)

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