UBS CEO Sergio Ermotti speaks at a press conference announcing the 

UBS CEO Sergio Ermotti speaks  at a press conference announcing the bank's 2012 full year result in Zurich, Switzerland, Tuesday, Feb. 5, 2013. Switzerland's biggest bank UBS AG posted a 1.9 billion francs (US dollar 2.1 billion) loss for the fourth quarter in the wake of a series of lawsuits, scandals and a wave of restructuring. The bank ended 2012 with a loss of more than 2.2 billion francs (US dollar 2.4 billion), compared with a profit of 4.4 billion francs for 2011. (AP Photo/Keystone, Walter Bieri)
Associated Press
UBS CEO Sergio Ermotti speaks at a press conference announcing the bank's 2012 full year result in Zurich, Switzerland, Tuesday, Feb. 5, 2013. Switzerland's biggest bank UBS AG posted a 1.9 billion francs (US dollar 2.1 billion) loss for the fourth quarter in the wake of a series of lawsuits, scandals and a wave of restructuring. The bank ended 2012 with a loss of more than 2.2 billion francs (US dollar 2.4 billion), compared with a profit of 4.4 billion francs for 2011. (AP Photo/Keystone, Walter Bieri)
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