UBS Second-Quarter Net Falls 58% on Investment-Banking Loss
UBS second-quarter pre-tax profit CHF 951 million; wealth management businesses' net new money inflows increased to CHF 13.2 billion; industry-leading Basel 2.5 tier 1 ratio strengthened further to 19.2%; phase-in Basel III tier 1 ratio1 target of 13% already surpassed; Basel III RWA1 reduced by CHF 45 billion; Group and…
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Source: UBS