Switzerland's largest bank, UBS, has reported record outflows in the third quarter as clients seek security in other financial institutions.
However, the bank said it had made a profit of SFr296 million ($251.4 million) in the period, helped by its own credit and tax gains.
UBS said outflows from its core wealth management business totalled a record SFr49.3 billion and a further SFr34.4 billion was taken out of its Global Asset Management business.
Massive exposure to risky United States assets has forced UBS to make nearly $49 billion in writedowns, more than any other European bank, prompting the Swiss state to take a stake in October and the central bank to set up a fund to absorb its most illiquid assets.
UBS shares have fallen more than 60 per cent since the beginning of the year.
Rival Credit Suisse reported a loss of SFr1.3 billion in the third quarter after large trading losses. Its shares have lost a more moderate 36 per cent this year and the bank has declined state help.