UBS has reported fourth-quarter 2010 net profit of CHF (Swiss franc) 1.3 billion, taking the investment bank’s full-year net earnings to CHF 7.2 billion, or £4.7 billion. The result compares with a loss of CHF 2.7 billion in 2009, with the group’s return on equity standing at 15.9% last year, compared with minus 7.8% in [...]