ubs quarterly profit slumps 58
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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UBS quarterly profit slumps 58%

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Arab Today, arab today UBS quarterly profit slumps 58%

Paris - AFP

Swiss banking giant UBS on Tuesday reported that net profit slid by 58.1 percent to 425 million Swiss francs (353.8 million euros, $434.5 million) in the second quarter of 2012. The result was sharply lower than expected by analysts polled by Swiss agency AWP, which had predicted on average a net profit of 1.1 billion Swiss francs.

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