Debt Trading

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UBS is an investor favourite

Sergio Ermotti Interview Pic

UBS’s decision three years ago to close debt-trading desks, slash risky assets at its investment bank and concentrate on managing money for the wealthy helped make it a favourite among investors.

Deutsche Bank Q3 profit slides 94%

Deutsche Bank - External

Deutsche Bank, Europe’s largest investment bank by revenue, said third-quarter profit slid 94% after it set aside $1.65bn to cover expected legal costs and income from debt trading fell.

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Sergio Ermotti Interview Pic

UBS is an investor favourite

UBS’s decision three years ago to close debt-trading desks, slash risky assets at its investment bank and concentrate on managing money for the wealthy helped make it a favourite among investors.