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Reuters: UBS says money outflows slowing, wary on fourth quarter

Started by chris, November 04, 2008, 02:59:15 PM

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chris

UBS says money outflows slowing, wary on fourth quarter
      


ZURICH (Reuters) - UBS AG  said a state bailout was helping stem client money outflows, but it needed stable markets to revive its key wealth management business and could take a 6 billion Swiss franc ($5.13 billion) accounting hit this quarter.</p><div class="feedflare">
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