UBS Net Profit Slips 14% In Second Quarter

UBS net profit slips 14% in second quarter

ZURICH,(Pakistan Point News - APP - 29th july,2016) - Swiss banking giant UBS on Friday said second quarter net profits slid by 14 percent to 1.03 billion Swiss francs (953 million Euros) as economic uncertainty hit its activities. But Switzerland's largest bank managed to beat analysts' expectations, who told the Swiss AWP agency they had expected the lender to post a figure of around 730 million francs.