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UBS GWM sees record 3Q20 PBT in Asia

UBS Global Wealth Management (GWM) has recorded the highest third-quarter profit before tax (PBT) since 2011, with positive operating leverage and growth — and with Asia seeing the highest third quarter PBT on record. On the overall GWM business, due to the continued high levels of client activity and greater market volatility, the operating income of the business grew by…

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