European stocks are expected to open higher on Tuesday as market sentiment rallies.
. The Swiss bank reported net profit attributable to shareholders of $2.136 billion, above forecasts compiled by the bank of $1.79 billion.
UBS has previously described its market risk exposure to Russia as"limited" and on Tuesday said it had reduced its exposure to $0.4 billion as of March 31, compared with $0.6 billion at the end of 2021.For exclusive stock picks, investment ideas and CNBC global livestream— CNBC's Weizhen Tan and Tanaya Macheel contributed to this market report.
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