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UBS was very despite return to profit
ubs made a profit of 296m swiss francs ($256.3m; Â163.3m) for the three months to 30 seportember, helped by write-ups and a tax credit . whilst the swituation was very difficult at the start of october, there have been encouraging signs for net new money flows following the announcement, ubs said . money flows ubs's investment banking arm reported write-downs and losses of $4.4bn during the quarter, bringing the total of such write-downs since the sub-prime crisis started to nearly $49bn . switzerland's largest bank ubs has reported a profit for the third quarter but has warned of challenges ahead . Generated 2008-11-6_8:14
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