![UBS first-quarter profit drops 52% due to legacy litigation case](https://cdn.newsserve.net/ONPglobe256.png)
UBS first-quarter profit drops 52% due to legacy litigation case
on Tuesday reported a 52% slide in profit for the first quarter due to an increase in legal provisions for a legacy litigation matter. The result comes at a tumultuous time for the Swiss bank after it was forced into taking over former rival Credit Suisse (CSGN.S). Net profit attributable to…
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