UBS Lifts Earnings By 5% But Warns On Swiss Franc – ValueWalk Premium
UBS

UBS Lifts Earnings By 5% But Warns On Swiss Franc

UBS reported its results for the three months ending Dec. 31, posting a profit of 963 million Swiss francs or about $1.04 billion
UBS beat analysts’ fourth-quarter estimates thanks to a significant tax benefit and strong investment banking results, though the Swiss bank warned about the impact of the surging Swiss franc. UBS also benefited from lower provisions for potential litigations.
UBS results beat analysts’ estimates
On Tuesday, the Swiss bank

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