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Reuters: Tax credit to save UBS from hefty loss

Started by chris, July 04, 2008, 11:41:10 PM

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chris

Tax credit to save UBS from hefty loss
      


ZURICH (Reuters) - Battered Swiss bank UBS said on Friday it should be saved from another hefty loss in the second quarter by a large tax credit, giving a much-needed though short-lived boost to its share price.
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