UBS AG (UBS) posted second-quarter net profit attributable to its shareholders of CHF 425 million or CHF 0.11 per share, lower than last year's CHF 1.02 billion or CHF 0.26 per share.
Net interest income for the quarter declined year-over-year to CHF 1.39 billion from CHF 1.44 billion.
Total operating income for the quarter fell to CHF 6.41 billion from CHF 7.17 billion in the same quarter a year earlier.
Looking forward, the company said as in recent quarters, the degree of progress towards achieving sustained and material improvements to eurozone sovereign debt and European banking system issues, as well as the extent of uncertainty surrounding geopolitical tensions, the global economic outlook and the US fiscal "cliff", will continue to exert a strong influence on client confidence and, thus, activity levels in the third quarter of 2012.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.