UBS AG the biggest bank in Switzerland said
it will aim to reach return on equity between
12% and 17% starting from 2013. UBS AG also is planning to pay out cash dividends
of 10 centimes per share. Bank is going to pay first dividends in five years and
claimed that it is going shift more towards wealth management instead of investment
banking. New CEO Sergio Ermotti is planning to reduce risk-weighted securities
by $158 bn as bank earlier reported $2.3 bn loss on unauthorized trading.