UBS to face credit crunch probe

Politics & Business / Money And Finance

8
votes
UBS to face credit crunch probe

Switzerland's Federal Banking Commission (EBK) is to investigate how UBS became one of the banking sector's worst victims of the credit crunch. The Swiss bank has been forced to write off about $14bn (£7bn) because it owned debt linked to US mortgages.
- Submit
  
  Submitter:
  
  Source:
- 332 days 7 hr 40 min ago. ,made popular in 332 days 7 hr 7 min ago.
  
  Cloud7
  
  http://news.bbc.co.uk

Comments()
Who Vote?
Email It