UBS Becomes Latest Lender Stung by Drop in Equities RevenueBy and
Stocks revenues down 22 percent to 878 million Swiss francs
Barclays posts 31 percent decline in equities revenue
UBS Group AG, the Swiss lender seeking to expand in China, became the latest European bank to post a decline at its equities business, partly hurt by a slowdown in trading in the Asia Pacific region.
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