{
  "id": 16859427,
  "title": "UBS: Swiss bank UBS increases profit in the third quarter",
  "url": "https://urgent.news/2026/10/28/ubs-schweizer-gro-bank-steigert-ergebnis-im-dritten-quartal",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-28T06:23:29.000Z",
  "source": {
    "name": "Handelsblatt",
    "slug": "handelsblatt",
    "url": "https://www.handelsblatt.com/finanzen/banken-versicherungen/banken/ubs-schweizer-grossbank-steigert-ergebnis-im-dritten-quartal/100265319.html"
  },
  "original_language": "de",
  "account": "The UBS bank reported a significant increase in earnings for the third quarter of 2026, driven by rising revenues and lower costs. The pre-tax profit rose by over a quarter to $3.6 billion. The bank's wealth management business and its Swiss domestic market performed particularly well. However, one-off effects, including costs related to a bond buyback and higher tax burden, impacted the net profit, which was $2.7 billion, up 8% from the same period in 2025. This met analyst expectations.",
  "summary": "The world's largest wealth manager for millionaires and billionaires is benefiting from rising revenues and falling costs. Business was particularly brisk in one area for UBS.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}