UBS Has Loss, to Cut Jobs, After Subprime Writedowns (Update4)
Story date: 2007-10-01 06:07:00
Added on: 2007-10-01 08:00:24
Bloomberg - ... losses of as much as $4 billion on fixed-income assets, resulting in the lowest ... and Lehman Brothers Holdings Inc. said their earnings were hurt by the mortgage market. UBS will report ``substantial losses'' in the fixed-income, rates and ...
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