UBS Reports First Quarter Loss of CHF 11,535 Million, in Line with 1 April 2008 Pre-Announcement (Business Wire via Yahoo! Finance)
Story date: 2008-05-05 11:55:00
Added on: 2008-05-06 13:07:41
ZURICH, Switzerland & BASEL, Switzerland----UBS reports a Group net loss attributable to shareholders of CHF 11,535 million for first quarter 2008. This is in line with UBS's 1 April 2008 pre-announcement which forecast a CHF 12 billion loss.
Read more...
Related Stories:
-
Wachovia Advances Earnings Report, Prompting Loss Speculation (Bloomberg.com)
April 14 (Bloomberg) -- Wachovia Corp., the fourth-largest U.S. bank, brought forward its earnings announcement, prompting speculation soured home loans triggered the...
2008-04-13 11:03:22 -
Swiss scalps: UBS Q4 loss US$11.3B on subprime woe, 2008 outlook glum (MSN Money Canada)
ZURICH, Switzerland - UBS AG on Thursday posted a fourth-quarter net loss equivalent to US$11.28 billion, and a loss for the entire...
2008-02-14 02:42:10 -
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 -
Credit Suisse loses $1.1B in 3Q on write-down - MSN MoneyCentral
ZURICH, Switzerland (AP) - Credit Suisse Group reported a third quarter loss of $1.08 billion on Thursday as writedowns in its investment...
2008-10-23 12:08:00 -
USDA Announces April CCC Lending Rates (AgWeb.com)
Monthly rate announcement...
2008-04-01 06:44:20 -
UBS to change the way it pays senior managers - WTOP Radio
ZURICH, Switzerland (AP) - UBS AG said Monday that starting next year it will stop making bonus payments to its chairman and...
2008-11-17 06:35:00 -
U.S. financial woes: More to come after Citigroup (International Herald Tribune)
Citigroup's announcement of a staggering fourth-quarter loss was a sobering reminder of simmering problems in the U.S. economy. More bad news is...
2008-01-15 11:55:56 -
UBS may post small loss for 2Q (INO News)
(AP:ZURICH, Switzerland) UBS AG, Switzerland's largest bank, said Friday it expects its second-quarter results to be "at or slightly below break-even" due...
2008-07-04 11:16:06
