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

Widening spreads take UBS to 'modest' profit

Soaring credit spreads reflecting market worries over the future of UBS paradoxically meant that the Swiss bank was able to tell investors on Tuesday that it expected to post a small profit in the third quarter of the year.

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