UBS 3Q Loss May Hit $690M From Subprime
Story date: 2007-10-01 09:56:00
Added on: 2007-10-01 11:00:17
MSN MoneyCentral - ZURICH, Switzerland (AP) - Losses linked to the collapsing market for U.S. subprime mortgages will force Swiss banker UBS to ... Rohner said that when UBS announced second-quarter results in August he said that the bank could expect a "very weak ...
Read more...
Related Stories:
-
UBS 3Q Loss May Hit $690M From Subprime (AP via Yahoo! Finance)
Losses linked to the collapsing market for U.S. subprime mortgages will force Swiss banker UBS to post a larger-than-expected loss of...
2007-10-01 05:52:05 -
UBS posts loss, cuts 1,500 jobs (CNN.com)
ZURICH, Switzerland (AP) -- Losses linked to the collapsing market for U.S. subprime mortgages will force Swiss banker UBS to post a...
2007-10-01 08:24:11 -
U.S. Notes Post Best Monthly Gains Since 1995 on Credit Losses
Bloomberg - The two-year note's yield touched 2.87 percent on Nov. 26, the lowest since ... Aug. 20, when money-market funds dumped...
2007-12-01 07:15:00 -
Wachovia Net Falls 98% on Mortgage-Linked Writedowns (Update1)
Bloomberg - ... said profit fell 98 percent to its lowest since 2001 after writedowns for bad loans and mortgage ......
2008-01-22 05:02:00 -
Sallie Mae Rejects Overture to Renegotiate Buyout (Update1)
Bloomberg - SLM set aside $247 million for loan losses in the second quarter. The Sallie Mae statement ``does not answer the...
2007-09-27 03:41:00 -
CDO Losses May Double at Merrill, Other Banks, JPMorgan Says
Bloomberg - Credit losses on subprime, Alt-A and second mortgages made in the past three years will rise to $394 billion, excluding...
2007-11-27 10:11:00 -
Suspect in French bank case released
Boston Globe - ... filed preliminary charges yesterday against a trader accused of causing billions of dollars in losses for France's...
2008-01-28 09:44:00 -
Australian, New Zealand Dollars Rise on Return to Carry Trades
Bloomberg - Dec. 19 (Bloomberg) -- The Australian dollar rose for the second day and New Zealand's snapped four days of losses...
2007-12-18 09:14:00