Banking and finance: The Swiss bank took a hefty write-down in the third quarter, off the back of a trade finance fraud case.

26 Oct 2020 9:40 AM | Anonymous member (Administrator)

UBS' domestic activities undercut a powerhouse result elsewhere: Swiss pre-tax profit tumbled to 305 million Swiss francs ($334 million) from 353 million francs year-ago, the Swiss bank said in its quarterly results on Tuesday.

https://www.finews.com/news/english-news/43375-ubs-fraud-trade-finance-writedown


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