Business
UBS Q2 2026: $2.8 Billion Profit Amid Capital Dispute With Bern
UBS posted consolidated net profit of $2.8 billion in the second quarter of 2026, according to the Neue Zürcher Zeitung (NZZ). The announcement boosted the bank's stock price. Meanwhile, UBS continues a two-year dispute with the Swiss Federal Government over capital adequacy requirements. The NZZ reports that both parties hold defensible positions, making an agreement increasingly difficult to reach.