BY KATHARINA BART ZURICH -- UBS AG, among the banks hit hardest by the financial crisis, Tuesday swung to a third quarter net loss as it was hit by charges on its own debt and by continued outflows at its flagship private bank.... [read full story]
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Swiss bank UBS AG reported a third-quarter net loss of 564 million Swiss francs ($542 million) yesterday, blaming accounting charges of 2.15 billion francs for keeping it in the red. The Zurich-based bank recorded a net profit...
By DEBORAH BALL and KATHARINA BART ZURICH -- Swiss banking giant UBS AG reported disappointing third-quarter figures, and its private-banking division failed to show signs of a turnaround amid an outflow of wealthy clients'...
By The Associated Press NEW YORK (AP) - The following stocks were among those that moved substantially or traded heavily Tuesday on the New York Stock Exchange: NYSE: Burlington Northern Santa Fe, up $20.93 at $97 Berkshire...
U.S. Wealth Management unit had a second straight quarter of client-money outflows, as clients took out $9.6 billion in the third quarter. More financial advisers left the company, which has been plagued by a dispute with U.S....
Shares in UBS fell on Tuesday after the Swiss bank revealed a bigger-than-expected loss in the third quarter as its private banking operations continued to haemorrhage funds. Swiss and international clients withdrew a net...
Filed under: Earnings reports , Management While UBS (NYSE: UBS ) remains the largest bank in Switzerland, this isn't helping much. In the company's latest quarterly results , there was a net loss of $552.9 million. Then again,...
Swiss bank UBS AG, with operations in Stamford, reported a third-quarter net loss of $542 million (564 million Swiss francs) today, blaming accounting charges of 2.15 billion francs for keeping it in the red.
ZURICH (AFP) - Swiss banking giant UBS on Tuesday plunged into further losses during the third quarter as clients spooked by tax scrutiny withdrew billions of dollars of funds and assets from the bank.
By Katharina Bart Of DOW JONES NEWSWIRES ZURICH -(Dow Jones)- UBS AG (UBS) Tuesday reported a net loss for the third quarter due to three big charges and cautioned that heavy withdrawals from wealthy clients will persist in...
Filed under: Before the bell , International markets , Market matters , Economic data , Lloyds TSB Group plc ADS (LYG) , Federal Reserve , Financial Crisis If on Monday investors were ready to bounce back from Friday's selloff,...
