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Stock Market & Financial Investment News

News Breaks
February 5, 2013
06:08 EDTUBSUBS reports Q4 net loss CHF 1.89B vs. 323M profit a year ago
Reports BIS tier 1 capital ratio 21.3% vs. 15.9% a year ago and BIS core tier 1 capital ratio 19.0% vs. 14.1% a year ago. UBS said the Q4 loss was primarily due to net charges for provisions for litigation, regulatory and similar matters of CHF 2.08B as well as net restructuring charges of CHF 258M and an own credit loss on financial liabilities designated at fair value of CHF 414M.
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