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UBS in new capital hike after huge Q1 loss (Reuters)

Started by riky, April 01, 2008, 09:05:16 AM

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riky

UBS in new capital hike after huge Q1 loss
    (Reuters)

 


<p>You are not allowed to view links. Register or LoginReuters - UBS AG  wrote down an
additional $19 billion on U.S. real estate and related assets
on Tuesday, causing a net loss of 12 billion Swiss francs
($12.03 billion) in the first quarter, and said it would seek
15 billion francs through a rights issue of shares.</p><br clear="all"/>


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