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BenzingaBenzinga··Kenneth Rapoza

UBS Stumbles Despite Strong Earnings as Legal Headwinds Overshadow Q4 Profit

UBS posts $1.2B Q4 profit but stock down 10% YTD amid mounting Credit Suisse legal liabilities and premium 17.75x P/E valuation relative to peers.
GSGSpAGSpCGSpDBAC+29banking sectorunderperformance