UBS profit increases, future outlook remains negative

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Source: Bloomberg
The largest bank in Switzerland, UBS AG, reported its Q3 financial results, as the net profit stood at 577 million francs, while analysts expected the indicator to reach 561 million francs. At the same time, the bank will not be able to have its return on equity ratio at 15% by 2015 due to change in regulatory conditions. Today, UBS AG equities are losing 6.57% to 17.92 francs by 12:45 GMT.
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