The Swiss bank closed the second quarter with net profit up 15% year-on-year, at 792 million francs – Exceeded analysts' expectations – Ubs announces the settlement of a dispute in Germany: the institution will pay 300 million of francs.
The second quarter of UBS is on file, which closed with a net profit of 792 million francs, an increase of 15% compared to 651,8 million francs in the same period of 2013. Exceeded the expectations of analysts, who had a positive net result of 715 million francs is expected.
At the same time, the Swiss bank announced that it had reached an agreement to settle a judicial dispute in Germany, which provides for the payment of 300 million francs.
FIRSTonline is an independent web journal of economics, finance and stock exchange published by AL Iniziative Editoriali Srl with registered office in Rome, founded and controlled by Ernesto Auci e Franco Locatelli and owned by two minority shareholders (Alessandro Pavesi and Laura Rovizzi). The portal and its applications are created in daily life by two agile editorial offices, one in Milan and one in Milan Roma, and by an innovative and effective team of innovation and web managers.
