UBS Swings to Loss, Facing Subprime Problems
Story date: 2007-10-30 06:58:00
Added on: 2007-10-30 15:00:39
CNBC - UBS is the latest high-profile bank to take a big write-down on exposures to investments linked to U.S. mortgage loans to people with patchy credit histories. The loss was larger than a Reuters poll of 14 analysts giving an average forecast of a 668 ...
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