UBS's income declines 47%
Article Abstract:
UBS AG of Switzerland posted a 47 percent fall in net profit for the fourth quarter to 3.41 billion Swiss Francs ($2.73 billion) from 6.49 billion Francs last year. Revenues for last year were increased due to asset divestments. UBS AG is the second largest bank in Europe.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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UBS posts 47% rise in net profit
Article Abstract:
UBS AG of Switzerland posted stellar second quarter net profit increases by 47 percent to 3.15 billion Swiss Francs ($2.54 billion) from 2.15 billion Francs last year. Strong revenues for the banking giant were due to conservative business practice in a slowing market.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
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Credit Suisse's net climbs 36% on investment-banking growth
Article Abstract:
Credit Suisse of Switzerland posted soaring first quarter net profit increase by 36 percent to 2.6 billion Swiss Francs ($2.1 billion) from 1.91 billion Francs last year. Revenue growth was due to increased private-banking and investment-banking business.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
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