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What to watch for in UBS’s earnings

UBS is the first big Swiss bank to report earnings for the fourth quarter

UBS will release fourth quarter earnings at 06:45 CET Tuesday morning. It’s the first big Swiss bank to report, after lower-profile results posted by Zurich neighbor Julius Baer on Monday (which nevertheless threw interesting new light on the probe into alleged currency market manipulation.) Credit Suisse is expected to follow on Thursday.

Analysts expect UBS to report a profit of Sfr381 million ($420.9 million) for the quarter, which would mark a big jump from the Sfr1.9 billion loss reported for the same period a year earlier, when UBS was hit hard by litigation and restructuring costs.

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