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BRIEF-UBS says around 0.3 bln Sfr net NII headwinds expected in 2017
March 22, 2017 / 8:02 AM / 6 months ago

BRIEF-UBS says around 0.3 bln Sfr net NII headwinds expected in 2017

March 22 (Reuters) - UBS Group Ag

* UBS CEO Ermotti says in conference presentation around 0.3 billion Sfr net NII headwinds expected in 2017 (versus. 2016) partly due to higher funding costs and revised equity attribution framework

* UBS CEO conference presentation says impact would principally affect the investment bank, personal & corporate banking and wealth management Source text for Eikon: [here# ] Further company coverage: (Reporting by Zurich Newsroom)

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