UBS ups 2008 net loss to $18 billion (Reuters)

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UBS ups 2008 net loss to $18 billion
    (Reuters)

 

Reuters - UBS said earnings would remain at risk due to volatile markets, as it revised up its 2008 net loss to 20.9 billion Swiss francs ($18.06 billion), to include a big U.S. tax fine and more writedowns.


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