All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group

Leaner UBS starts to show signs of recovery

UBS posted results on Tuesday that suggested the slash and burn approach taken to its investment bank at the end of the third quarter of 2012 may be starting to show results. The investment bank posted a pre-tax profit of Sfr977m for the first quarter of 2013 — a 92% improvement on the same period in 2012 and almost as strong as the Sfr994m it posted for the first quarter of 2011.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree