Investors Forum |
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04-02-2008
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#1 (permalink) |
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Senior Member
Join Date: Dec 2006
Posts: 35,579
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Swiss bank in turmoil
UBS chairman Marcel Ospel abruptly resigned today as the Swiss bank reported a first-quarter loss of US$12 billion, news agency AP has reported. The European banking giant revealed more serious damage from exposure to the US sub-prime...
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