Royal Bank of Scotland swung to a third-quarter loss on Friday, hit by costs related to past misconduct and restructuring. » Read More
By: Matt Clinch
Embattled bank announces third-quarter net income hit 278 million euros, which compares favorably to a 6 billion euro loss this time last year. » Read More
UBS CEO Sergio Ermotti told CNBC that, despite signs that Fed will hike rates in December, he would be cautious before expecting an ending of QE and more relaxed monetary policies from central banks.
CNBC's Julia Chatterly speaks to UBS CEO Sergio Ermotti, who says that his bank's raise in provisions for litigation are not influenced by Deutsche Bank's recent settlement with the U.S. DOJ.
In light of its recent earnings, UBS CEO, Sergio Ermotti talks to CNBC about the litigation issues facing the banking sector at present.