- It's been an ugly year for UBS, but not nearly as bad as that for fellow Swiss giant Credit Suisse, nor Germany's Deutsche Bank.
- YTD: UBS -27.7%, CS -37.8%, DB -44.1%.
- Year-over-year: UBS -28.6%, CS -46.4%, DB -52.2%.
- Royal Bank of Canada today upgrades UBS to Sector Perform from Underperform.