UBS (UBS.US) Q2 profits exceed expectations, investment activities expected to rebound.

According to the Wise Finance APP, UBS (UBS.US) announced better-than-expected second-quarter profits and stated that the outlook for a recovery in investor activity is supported by the easing of global trade tensions. Data shows that UBS's net profit in the second quarter was $2.4 billion, exceeding market expectations of $2.2 billion. Client funds inflows in its core wealth management division reached $23 billion, in line with expectations.