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UBS

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World

Facebook fiasco hits UBS profit

UBS has suffered a surprise slump in profit. The Swiss bank’s second-quarter net profit more than halved to the equivalent of 354 million euros

Business

Gloomy outlook from UBS

Swiss bank UBS says a restructuring of its investment banking business had failed to give it the improvements hoped for. That division have been

Business

Investors welcome new UBS CEO

UBS investors have welcomed the Swiss bank’s choice of caretaker chief executive, Sergio Ermotti. Its shares rose after Oswald Gruebel quit to take