Topic: Ubs Ag

I don't think you should do something you don't understand, hoping there's somebody at the bottom of the organization who does.'' - Canadian Toronto-Dominion Bank CEO Edmund Clark, who sold off the bank's subprime debt holdings three years ago because he couldn't ...

Losses Pry Ospel From UBS

It took a lot to shake Marcel Ospel out of his job as chairman of UBS. The 58-year-old Ospel, who earlier this month was criticized for his "Pharaoh-like salary" by President Pascal Couchepin of Switzerland, courted controversy even in the early days ...

Increased Short Interest in UBS

Europe's biggest casualty of the subprime crisis, UBS (UBS), has announced a further massive loss and its second capital increase in two months, says the FT. The bank's chairman Marcel Ospel today said that he would not seek re-election amid the crisis. ...
UBS, the European bank hardest-hit by the credit crunch, is looking to hold on tight to its ratings by possibly injecting $16.1 billion in capital before its April 23 annual meeting. "If UBS wants to keep its capital ratio at 12.0%, the ...
Swiss sustainable investment foundation Ethos said it will stop efforts to secure a special audit into UBS AG's risk management following talks with UBS's management.. The Swiss bank assured Ethos in writing that it will inform shareholders more clearly about a Swiss ...
UBS AG expects further subprime-related writedowns of 4.5 bln sfr in the first quarter of 2008, after announcing a writedown of 10 bln usd earlier this week, Swiss Sunday paper Sonntag reported. 'On Tuesday JP Morgan said it expects UBS (nyse: UBS ...
Despite mounting data that the economy is quickly weakening relative to the past few years, the stock market continues to price itself near all time highs and bulls continue to control perception. However, given that the stock market is a derivative of ...
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