UBS maintains results trend

Fixed income, rates and currencies revenues (FXCCT) were SFR2.26 billion (US$1.84 billion) in Q2, up 50% year-on-year.

The revenues were up 7% on Q1 2006, with increases seen in most business areas, according to the bank.

The bank said increased revenues from its FX and cash and collateral trading business followed its successful conversion of larger volumes into higher revenues.

Cash made from the sale of its stake in FX platform EBS to interdealer broker Icap also contributed to the result, the

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