UBS AG (UBS $10.73 ++0.17) expects to report a modest net profit for
the Group and positive net new money in its wealth management businesses for the
third quarter 2011.
The company announced net profit attributable to shareholders for the Q3
includes a $2.3 bln loss resulting from the unauthorized trading incident
reported in September 2011. Positive net new money in wealth management
businesses expected to be broadly similar to the second quarter of 2011. BIS
tier 1 capital base expected to remain broadly in line with the prior quarter
end. Co had previously indicated that the unauthorized trade could lead to a Q3
loss.






