UBS posts seventh quarterly loss in 2 years

Courtesy Newsvine - business  Tue, 08/04/2009 - 04:30

Hard-hit Swiss bank UBS AG, beset by a U.S. tax evasion probe, posted a second quarter loss of 1.4 billion Swiss francs ($1.3 billion) Tuesday in an improvement over the first three months of the year.


 

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