UBS Reports Q3 Net Loss Of $542 Million - Congoo

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UBS reports Q3 net loss of $542 million

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Shreveport Times | November 04, 2009

ZURICH â?? Swiss bank UBS AG reported a third-quarter net loss of 564 million Swiss francs ($542 million) today, blaming accounting charges of 2.15 billion francs for keeping it in the red. The disappointing results â?? along with a warning that clients are still withdrawing more money from the bank...

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