UBS net profits higher than forecast: CHF2b

27th July 2010, Comments 0 comments

Zurich, Switzerland GenevaLunch - Switzerland’s UBS bank reported second quarter net profits of CHF2.01 billion Tuesday 27 July, higher than forecast and widely seen as a sign of the bank’s recovering health. Earnings were CHF9.19b. UBS was bailed out by the Swiss federal government in late 2008, at the start of the global economic crisis. It ...

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