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UBS warns of fragile market as it reports bigger loss than expected

Story date: 2007-10-31 03:15:00
Added on: 2007-10-31 05:00:44


Belfast Telegraph - ... its timing wrong when in June last year it launched Dillon Read Capital Management, a hedge fund that invested in mortgage ... investment bank, but UBS said the business had performed "extremely well" in equity underwriting and corporate advice. ...


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