UBS pays the price
Story date: 2007-10-02 01:26:00
Added on: 2007-10-02 08:30:21
The Independent - In a classic warts-and-all exercise, UBS's new chief executive, Marcel Rohner, got the bad ... third quarter as it declared $3.3bn of expected losses in its investment bank from the credit crunch. Citigroup was also hit by sub-prime mortgage ...
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