Shanghai Daily logo Shanghai Daily 1 month ago

Accounting charges put UBS in red

SWISS bank UBS AG yesterday reported a third-quarter net loss of 564 million Swiss francs (US$542 million), blaming accounting charges of 2.15 billion francs for keeping it in the red. Full Article at Shanghai Daily

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  1. A man walks by a screen showing stock prices at the London Stock Exchange in the City of London, Tuesday, Nov. 3, 2009.
  2. FORT LAUDERDALE, FL - OCTOBER 30:  Businessman Jeffrey Chernick (R) walks with his lawyers as they exit the Federal Courthouse where he was sentenced to three months in prison for hiding $8 million in assets at the Swiss bank UBS AG on October 30, 2009 in Fort Lauderdale, Florida.
  3. Designated new president of the Swiss National Bank (SNB), Vice-Chairman of the Governing Board of the SNB Philipp Hildebrand addresses a news conference in Zurich December 10, 2009.

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