U.S. Markets open in 8 hrs 13 mins

UBS puts FT reporter on blast as Swiss bank is angered by earnings story

Steve Goldstein
UBS puts FT reporter on blast as Swiss bank is angered by earnings story

With quite literally thousands of companies reporting earnings, it’s inevitable that, sometimes, a reporter will get a number wrong. The investment bank unit reported a 23% drop in adjusted pretax profits. First he reports the wrong consensus number for the IB.