UBS, which is Switzerland’s largest, bank, has reported a second quarter loss of SwFr1.4 billion (£790 million).However, the loss is marginally better than the first quarter loss of SwFr1.98 billion (£1.2 billion).The Swiss banking giant said it remained cautious about its prospects, in view of the challenging environment.UBS is among one of the worst hit [...]
Further hefty loss for UBS
