UBS posts $1.25 billion quarterly profit in early results

July 27, 2015 5:04 AM

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UBS posts $1.25 billion quarterly profit in early results

ZURICH UBS (UBSG.VX) posted on Monday a bigger-than-expected jump in second-quarter net profit as the Swiss bank released results one day early following a newspaper report on the figures.

Net profit rose 53 percent on the year to 1.2 billion Swiss francs ($1.25 billion), much more than the 3.2 percent rise forecast in a Reuters poll of analysts that was not published before the Zurich-based bank posted earnings.

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