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Reuters: UBS shares sink on Alt-A writedown talk

Started by chris, March 06, 2008, 12:01:02 PM

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chris

UBS shares sink on Alt-A writedown talk
      


ZURICH (Reuters) - Shares in Swiss bank UBS AG  fell on Thursday on speculation it had sold a huge portfolio of risky mortgages at a deep discount and planned to announce another massive writedown in the first quarter.
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