{"id":82129,"date":"2022-07-26T01:35:12","date_gmt":"2022-07-26T05:35:12","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=82129"},"modified":"2022-07-26T01:15:46","modified_gmt":"2022-07-26T05:15:46","slug":"ubs-misses-expectations-ceo-cites-one-of-the-most-challenging-quarters-for-investors-in-a-decade","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2022\/ubs-misses-expectations-ceo-cites-one-of-the-most-challenging-quarters-for-investors-in-a-decade.html","title":{"rendered":"UBS misses expectations; CEO cites one of the \u2018most challenging\u2019 quarters for investors in a decade"},"content":{"rendered":"\n<p>(CNBC) <a href=\"https:\/\/www.cnbc.com\/quotes\/0R3T-GB\">UBS<\/a> on Tuesday missed expectations for the second quarter of 2022 as its CEO warned of \u201cuncertain times\u201d in markets. On Tuesday it posted a net profit attributable to shareholders of $2.11 billion, below analyst expectations aggregated by the company of $2.4 billion. It marks a 5% rise from the <a href=\"https:\/\/www.cnbc.com\/2021\/07\/20\/ubs-earnings-q2-2021.html\">$2 billion reported during the same period last year<\/a>, when the flagship wealth management business saw a significant windfall from wealthy investors, and follows a strong first-quarter that saw <a href=\"https:\/\/www.cnbc.com\/2022\/04\/26\/ubs-earnings-q1-2022-.html\">the group post a net profit of $2.136 billion<\/a>.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2022\/07\/26\/ubs-q2-earnings-2022.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) UBS on Tuesday missed expectations for the second quarter of 2022 as its CEO warned of \u201cuncertain times\u201d in markets. On Tuesday it posted a net profit attributable to shareholders of $2.11 billion, below analyst expectations aggregated by the [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-82129","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/82129","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=82129"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/82129\/revisions"}],"predecessor-version":[{"id":82130,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/82129\/revisions\/82130"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=82129"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=82129"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=82129"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}