Business • 2026-04-29 02:44

UK bank profits surge amid war-driven market volatility

Fast facts

  • Category: Business
  • Language: EN
  • Published: 2026-04-29 02:44 UTC
  • Sources: Financial Times

UBS has reported an 80% profit surge due to trading gains from Middle East war-related market volatility. Lloyds has also seen its profits soar by 33% thanks to higher interest rates.

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