Shares of UBS Group AG were gaining around 3 percent in the morning trading in Switzerland after the banking giant reported Tuesday higher profit in its first quarter with increased operating income mainly in Investment Bank.
Ralph Hamers, UBS Group CEO, said, "The first quarter was dominated by extraordinary geopolitical and macro events. Against this backdrop, we remained focused on executing our strategic plans, serving our clients and managing risk... All this led to our strong financial results this quarter. And we'll continue to capture opportunities to drive growth while executing on our strategic plans as well as our vision to convene THE global ecosystem for investing."
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