ZURICH (AP) — ZURICH (AP) — UBS AG (UBS) on Tuesday reported a loss of $279 million in its fourth quarter.
The bank, based in Zurich, said it had a loss of 9 cents per share.
The bank posted revenue of $18.8 billion in the period. Its revenue net of interest expense was $10.86 billion, exceeding Street forecasts.
For the year, the company reported profit of $29.03 billion, or $8.81 per share. Revenue was reported as $40.83 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UBS at https://www.zacks.com/ap/UBS
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