UBS misses expectations; CEO cites one of the 'most challenging' quarters for investors in a decade - CNBC

7/25/2022 12:00:00 AM2 years 9 months ago
by Elliot Smith
by Elliot Smith
UBS posted net profit attributable to shareholders of $2.108 billion, below analyst expectations aggregated by the Swiss bank.
UBS on Tuesday missed expectations for the second quarter of 2022 as its wealth management and investment banking divisions saw falling client activity on the back of the global market downturn. The… [+2499 chars]
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