Русская версияUBS has reported a loss of 358m Swiss francs ($329m; Ј173m) for the April to June period, despite earlier saying it might break even in the quarter.
The Swiss banking giant also announced another $5.1bn in write-downs linked to US sub-prime mortgage investments.
UBS has decided to split itself up into three units, having been the European bank worst hit by the credit crunch.
The second quarter loss was still much better than the 11.54bn Swiss francs it lost in the first quarter of the year.
(BBC)
<< Back