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UBS and Deutsche losses mount, but bank fog clearing (Reuters)

Started by riky, April 01, 2008, 01:01:24 PM

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riky

UBS and Deutsche losses mount, but bank fog clearing
    (Reuters)

 


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.


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