UBS posts a 76% fall in 4th quarter profit

Note: This section contains information in English only.
Source: Bloomberg
UBS AG, one of Switzerland's leading banks reported its fourth quarter profit fell 76% as lender's investment unit posted loss for the second straight quarter. The net revenue declined to CHF 393 million (USD427 million) compared to CHF 1.66 billion previous year. Economists questioned by Bloomberg predicted net revenue to reach CHF 721 million. 
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