ubs
UBS profits plunge 49 percent
<p>Swiss banking giant UBS said Tuesday that its second quarter profits plunged 49 percent compared to a year ago as a strong Swiss franc bit into earnings and revenues slumped on economic uncertainty.</p>
<p>Swiss banking giant UBS said Tuesday that its second quarter profits plunged 49 percent compared to a year ago as a strong Swiss franc bit into earnings and revenues slumped on economic uncertainty.</p>