UBS Q2 Pre-tax Profit Edges Up; Sees Uncertain H2; Stock Down

Shares of UBS Group AG were losing more than 6 percent in the morning trading in Switzerland as well as in pre-market activity on the NYSE after the Swiss banking giant said Tuesday that it expects uncertain second half. In the second quarter, the company reported a slight increase in pre-tax profit and nearly flat revenues. All segments except Asset Management reported weak profits.

from RTT - Top Story https://ift.tt/gHi2sPM
via IFTTT