Deutsche Bank posts record €1.9B profit and UBS sees 47% core profit growth as European bank stocks hit post-2008 highs, reshaping capital flows.

UBS posts a $2.8 billion quarterly profit, beating forecasts.

UBS reported a 17% rise in Q2 net profit to $2.8 billion, beating analyst estimates on strong wealth management and investment banking growth. The Swiss lender announced a $3…