UBS reports third quarter net profit of CHF 1,673 million
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.
Now available on demand: indexed version of full presentation
Key message videoclip
Key statements on UBS's quarterly results from Peter Wuffli