UPS, the largest wealth management group in the world, fell 11% in the second quarter of the year.

According to Reuters, the rise in trading activities failed to compensate for the declining banking activities of individuals and companies due to the outbreak of the Corona virus.

"As we continue to face a challenging environment, we adapt and accelerate the pace of change, and support our customers and employees, and the economies in which we operate," said Sergio Ermuti, CEO of the bank, in a statement. , While we remain focused on our strategic priorities.

The decline in net profit to $ 1.232 billion exceeds analysts ’expectations that the bank will achieve profits of $ 973 million on average, according to a summary compiled by the bank from 21 analysts. p>

(Fun Knowledge of Knowledge)