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UBS reports third quarter net profit of CHF 1,673 million

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With third quarter 2003 net profit of CHF 1,673 million, UBS reports its most profitable quarter in three years. Excluding goodwill amortization, net profit was CHF 1,911 million, up 53% from a year earlier and 2% higher than second quarter. Net new money of CHF 20 billion demonstrates substantial competitive gains. Return on equity for the year has risen to almost 20%.

Today, Peter Wuffli, Chief Executive Officer, presented UBS's Third Quarter 2003 Results live from Zurich by webcast.

Webcast

Now available on demand: indexed version of full presentation

Key message videoclip

Key statements on UBS's quarterly results from Peter Wuffli

Third Quarter Results material