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The largest bank in Switzerland continue to lose |
In the second quarter of the bank UBS recorded a loss of 1.4 billion Swiss francs. As the BBC, the result achieved between April and June is a little better than that achieved in the first quarter of this year. And UBS was an even greater minus - lost 2 billion Swiss francs.
The losses are much higher than the previous year. And UBS was 358 million Swiss francs per minus. Poor results of the bank confirms that UBS is an institution which is strongly affected by the financial crisis. The UK site emphasizes that contrast with the UBS data provided by the French bank BNP Paribas. The latter earned in the second quarter of 1.6 billion euros. And second, the biggest Swiss bank Credit Suisse has completed the second quarter on the plus. CS earned 1.57 billion Swiss francs. It is nearly one-third more than last year. |