<p>UBS, Switzerland's biggest bank, on Tuesday (03 November) posted a bigger than expected year-on-year rise in third-quarter net profit.<br><br>Net profit for the three months to end-September was 2.1 billion Swiss francs ($2.13 billion), up from 762 million francs a year earlier and ahead of a forecast for 1.758 million francs in a Reuters poll of four analysts.<br><br>Earnings for the same period last year were hit by the bank setting aside 1.8 billion francs in legal reserves.<br><br>($1 = 0.9870 Swiss francs)<br><br>(Reuters)</p>
