(Bloomberg) -- UBS AG, Switzerlands biggest lender, is one of the best placed investment banksglobally as it gains from its advisory business and has limited additional capital needs, according to analysts at JPMorgan Chase & Co.
UBS is on track as a strong cash equity, mergers and acquisitions house, and asset gatherer in an environment of declining revenue from fixed income, currencies and commodities, the analysts led by Kian Abouhossein with an overweight rating on the stock, wrote in a note to investors today.
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