ubs net profit slips 14 in second quarter
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
Arab Today, arab today

UBS net profit slips 14% in second quarter

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Arab Today, arab today UBS net profit slips 14% in second quarter

Iternatioal economy
Zurich - Arab Today

 Swiss banking giant UBS on Friday said second quarter net profits slid by 14 percent to 1.03 billion Swiss francs (953 million euros) as economic uncertainty hit its activities. 

But Switzerland's largest bank managed to beat analysts' expectations, who told the Swiss AWP agency they had expected the lender to post a figure of around 730 million francs. 

 
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