UBS and Deutsche losses mount, but bank fog clearing
(Reuters)
<p><img src="http://d.yimg.com/us.yimg.com/p/nm/20080401/2008_04_01t073342_357x450_us_banks_europe.jpg?x=103&y=130&q=85&sig=fLsp0ShGyfuws1mvMIZYjg--" align="left" height="130" width="103" alt="The logo of Swiss bank UBS is pictured behind a traffic light at its branch at the St-Francois Place in Lausanne April 1, 2008. (Denis Balibouse/Reuters)" border="0" /> (http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20080401/bs_nm/banks_europe_dc)Reuters - UBS and Deutsche Bank took a $23 billion
hit on their risky assets and the Swiss bank asked investors
for more cash on Tuesday, but Europe's bank shares rallied on
hopes that the end of another torrid quarter could mark a
turning point.</p><br clear="all"/>
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