UBS returns to first full-year profit for five years
The Swiss bank UBS is one of the world's largest wealth-managers and has reported it first annual profit in five years.
It made $7.6bn, but perhaps more importantly, the bank is saying that the amount of new money from customers improved considerably.
The bank is also cutting its bonus pool by 10%.
However, Simon Maughan from MF Global says investors are getting impatient with the Swiss regulators.
Nigel Cassidy reports.