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Credit Crash - UBS shakes up management after huge write down
Avatar Posted by crikey 1074 days ago (http://www.swissinfo.org)
Category: market | Tags: ubs credit subprime
Huw Jenkins and Clive Standish go after losses mainly attributed to subprime fallout. Marcel Rohner who now takes control said "We will make an overall pre-tax loss at Group level for the quarter. These events have led to management changes,"
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