UBS Exiting Unpromising, Risky Business
Apr 16, 2009
Disappointing words from UBS CEO Oswald Grubel in a pre-announcement on Q1 results are accompanied by vague and ominous talk of getting out of some areas as the bank targets further cost-saving. “UBS will exit high-risk and unpromising businesses. The bank is currently conducting a review to make clear decisions about which businesses it will remain...
Already have an account?
Subscribe now for unlimited access to all current and archive news, data and market analysis.
Take a free two-week trial now for the latest news, data and market analysis.