United Overseas Bank Profit Falls on CDO Provisions (Update1)
Story date: 2008-02-26 10:14:00
Added on: 2008-02-28 22:02:07
Bloomberg - Feb. 27 (Bloomberg) -- United Overseas Bank Ltd., Singapore's second-largest bank by assets, said fourth-quarter profit fell 6 percent after writing down the value of investments tied to U.S. subprime mortgages. Net income fell to S$506 million ($361 ...
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