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The retirement income gap no-one is talking about

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UBS leads European shares higher after holiday weekend

Reuters - UK Focus

LONDON, May 5 (Reuters) - Shares (Berlin: DI6.BE - news) of Swiss bank UBS were the top performers in Europe, rising on the back of its highest quarterly profit in nearly five years, with markets in broadly positive territory after a holiday weekend.

The pan-European FTSEurofirst 300 index was up 0.4 percent at 0709 GMT. The UK FTSE 100 index outperformed other major markets, catching up with gains for continental shares made on Monday after a British public holiday.

UBS (NYSEArca: FBGX - news) rose more than 4 percent, with some analysts pointing to positive revenue trends and encouraging development in wealth management. (Reporting by Lionel Laurent, Editing by Alistair Smout)