UBS said Thursday that it expects to report a small profit in the third quarter. The bank also said that it has substantially reduced its U.S. commercial and residential mortgage-related positions, mainly through disposals. UBS has developed a remediation plan to address issues highlighted by the credit crisis and said it has has made substantial progress. 2009 is expected to be profitable overall, it added. http://www.marketwatch.com/news/story/ubs-expects-report-small-third-quarter/story.aspx?guid={037C3B1D-521F-40D9-B371-F9C3A1C1C009} WOW ! Profit from a bank ?