{"id":276,"date":"2010-05-05T15:14:22","date_gmt":"2010-05-05T20:14:22","guid":{"rendered":"http:\/\/blogs.law.harvard.edu\/abrahamtiamiyu\/?p=276"},"modified":"2010-06-10T10:57:53","modified_gmt":"2010-06-10T15:57:53","slug":"back-in-the-game","status":"publish","type":"post","link":"https:\/\/archive.blogs.harvard.edu\/abrahamtiamiyu\/archives\/276","title":{"rendered":"Back in the game"},"content":{"rendered":"<p>UBS AG, the global financial services firm, recently released its <a title=\"2010 first quarter financial results\" href=\"http:\/\/www.ubs.com\/1\/e\/media_overview\/media_americas\/search1\/search10?newsId=179910\" target=\"_blank\">2010 first quarter financial results<\/a> :<\/p>\n<ul>\n<li>Highest quarterly profit in almost three years: net earnings was 2.2 billion Swiss francs ($2 billion) in the first quarter of 2010, up from a loss of 1.98 billion francs a year earlier<\/li>\n<li>Strong performance driven by UBS&#8217;s investment bank, especially its fixed income, currencies and commodities (FICC) business<\/li>\n<li>Revenue of 752 million francs from credit trading, a business built from scratch over the past year<\/li>\n<li>At the end of Q1 2010, core tier 1 capital ratio increased to 12.5%, up \u00a0from 11.9% as at Q4 2009<\/li>\n<li>Balance sheet with total assets of 1.4 trillion Swiss francs ($1.3 trillion)<\/li>\n<li>All business divisions reported a pre-tax profit<\/li>\n<\/ul>\n<p>Sources: <a title=\"UBS AG\" href=\"http:\/\/www.ubs.com\/1\/e\/media_overview\/media_americas\/search1\/search10?newsId=179910\" target=\"_blank\">UBS<\/a>, <a title=\"Bloomberg\" href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20601087&amp;sid=aTTJmzm4B9eo&amp;pos=1\" target=\"_blank\">Bloomberg<\/a>, <a title=\"WSJ\" href=\"http:\/\/online.wsj.com\/article\/SB10001424052748703866704575224481369290598.html\" target=\"_blank\">Wall Street Journal<\/a><\/p>\n<p><span style=\"color: #000000\">Abraham Tiamiyu<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>UBS AG, the global financial services firm, recently released its 2010 first quarter financial results : Highest quarterly profit in almost three years: net earnings was 2.2 billion Swiss francs ($2 billion) in the first quarter of 2010, up from a loss of 1.98 billion francs a year earlier Strong performance driven by UBS&#8217;s investment [&hellip;]<\/p>\n","protected":false},"author":2328,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[127],"tags":[],"class_list":["post-276","post","type-post","status-publish","format-standard","hentry","category-general","post-preview"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/archive.blogs.harvard.edu\/abrahamtiamiyu\/wp-json\/wp\/v2\/posts\/276","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/archive.blogs.harvard.edu\/abrahamtiamiyu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/archive.blogs.harvard.edu\/abrahamtiamiyu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/abrahamtiamiyu\/wp-json\/wp\/v2\/users\/2328"}],"replies":[{"embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/abrahamtiamiyu\/wp-json\/wp\/v2\/comments?post=276"}],"version-history":[{"count":17,"href":"https:\/\/archive.blogs.harvard.edu\/abrahamtiamiyu\/wp-json\/wp\/v2\/posts\/276\/revisions"}],"predecessor-version":[{"id":320,"href":"https:\/\/archive.blogs.harvard.edu\/abrahamtiamiyu\/wp-json\/wp\/v2\/posts\/276\/revisions\/320"}],"wp:attachment":[{"href":"https:\/\/archive.blogs.harvard.edu\/abrahamtiamiyu\/wp-json\/wp\/v2\/media?parent=276"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/abrahamtiamiyu\/wp-json\/wp\/v2\/categories?post=276"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/abrahamtiamiyu\/wp-json\/wp\/v2\/tags?post=276"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}