UBS $2 billion loss to trigger investment bank retreat
source: http://www.reuters.com/article/2011/09/16/us-ubs-idUSTRE78E15I20110916
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- aileenalmeda
- added this
Swiss bank UBS is expected to shrink its investment bank business -- source of a $2 billion rogue trading loss -- and could fire senior executives as it tries to retain worried private clients and avert a ratings downgrade.
Link : http://www.reuters.com/article/2011/09/16/us-ubs-idUSTRE78E15I20110916
Link : http://www.reuters.com/article/2011/09/16/us-ubs-idUSTRE78E15I20110916
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- groups:
- World News
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- tags:
- Investment, retreat, Swiss Bank
