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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All rights reserved to Arab Today Media Group 2021 ©
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