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: SECLaw.com

Embattled UBS Restructures as rich clients flee - Yahoo! News

By Mark H. Astarita, Esq.

Embattled UBS restructures as rich clients flee Well, it's no surprise. When you lose 40 billion dollars in a single quarter, you are in trouble, and UBS is in trouble. Reuters, and CNBC, is reporting that the firm is undergoing a restructuring, with talk of spinning off its investment banking division.

Full post as published by SECLaw.com on August 12, 2008 (boomark / email).

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