Pre-tax profit increased by 2% to $862m for Q4 18 compared to Q4 17. Total operating income was down by 3% to $7.0bn for Q4 18 compared to Q4 17. Total operating expenses declined by 4% to $6.1bn compared to Q4 17. UBS reported a net profit attributable to shareholders of $696m for Q4 18. UBS reported a loss of $2.4bn for Q4 17 due to a booked charge of $2.9bn on DTA (deferred tax assets) by the US tax reforms. Net new money outflow was close to $13bn for Q4 18. UBS released preliminary figur
22 Jan 2019
Mixed Q4 and improved FY18 figures
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Mixed Q4 and improved FY18 figures
UBS Group AG (0R3T:LON) | 0 0 0.4% | Mkt Cap: 68,251m
- Published:
22 Jan 2019 -
Author:
Dieter Hein -
Pages:
3
Pre-tax profit increased by 2% to $862m for Q4 18 compared to Q4 17. Total operating income was down by 3% to $7.0bn for Q4 18 compared to Q4 17. Total operating expenses declined by 4% to $6.1bn compared to Q4 17. UBS reported a net profit attributable to shareholders of $696m for Q4 18. UBS reported a loss of $2.4bn for Q4 17 due to a booked charge of $2.9bn on DTA (deferred tax assets) by the US tax reforms. Net new money outflow was close to $13bn for Q4 18. UBS released preliminary figur