UBS Sees Profits Rise, Probed Over Trading System - Presented by: The Aol. On Network

Switzerland's biggest bank, UBS, reported Tuesday a 15 percent rise in second-quarter profit, driven by its core wealth management business, and disclosed it was part of a group of financial companies being investigated over alternative trading systems called "dark pools." UBS AG said its net profit for the April-June period rose to 792 million Swiss franc from 690 million francs in the comparable period in 2013.



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