Swiss bank UBS has reported a better-than-expected third-quarter net profit of 1bn Swiss francs.

瑞士联合银行第三季度纯收入10亿瑞士法郎，超过预期计划。

This was despite being hit by a 1.8bn franc loss from deals made by alleged¹ rogue²（欺诈） trader Kweku Adoboli.

When the deals were uncovered in London last month, UBS warned that it might have to report a loss for the quarter.

The results are lower than the 1.66bn franc profit reported in the same quarter a year ago, but identical to the 1bn francs it posted last quarter.

UBS said it had been hit by unauthorised trading on 15 September, shortly after Mr Adoboli was arrested in London.

In its report, the Swiss banking³ giant said that controls on certain trades had not been working properly and that checks to ensure that internal transactions were recorded accurately⁴ had failed.

UBS added: "We have taken and are taking measures to address these control deficiencies（缺陷，不足） ." The bank said investigations⁵ were continuing.

Although the bank acknowledged that the current economic climate could be turbulent（骚乱的） , interim⁶ chief executive Sergio Ermotti said the outlook for UBS clients and shareholders⁷ was "unquestionably（确凿地） solid".