UBS (UBS): Q2 net loss of 1.4B Swiss francs ($1.32B), its third consecutive quarterly loss. Its...

|About: UBS Group AG (UBS)|By:, SA News Editor
UBS (UBS): Q2 net loss of 1.4B Swiss francs ($1.32B), its third consecutive quarterly loss. Its wealth and asset management divisions saw outflows of 39.4B francs. A sustainable economic recovery 'is not yet visible.' (UBS' letter to shareholders (.pdf))