In 2012 for 190 million Swiss francs ($2.08 billion), because of litigation and reorganization of a series of scandal, Geneva, Switzerland (AP) - the largest bank UBS AG has reported fourth quarter net loss.
By contrast, in a $200 million rogue trading scandal, in 2011 the fourth quarter net profit of 324 million Swiss francs.
Headquartered in Zurich bank losses in the fourth quarter of the main attribution "net charge litigation regulation, regulatory and similar items, and deduct restructuring costs and their credit loss.
Ubs says that by 2012 more than 220 million francs a year of losses, compared with 2011 profit is 440 billion francs.
The bank report the result, in the market before the opening (Tuesday) in Zurich.



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