Tuesday, October 25, 2011

UBS salvages Q3 profit with one-off gain (Reuters)

The logo of Swiss bank UBS is seen on an office building in Zurich October 24, 2011. REUTERS/Arnd WiegmannReuters - Swiss bank UBS AG overcame a 1.8 billion Swiss franc ($2 billion) rogue trading loss to post a smaller than forecast fall in third quarter net profit on Tuesday as its core wealth management business performed well.


Source: http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/nm/20111025/bs_nm/us_ubs

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