Investment
Latest Posts
UBS Faces Record Loss After More Write-downs
Jan 30, 2008UBS said late Tuesday that it faced a record loss of roughly $11.5 billion as write-downs tied to the U.S. mortgage market continued to exact a toll on Switzerland’s largest bank. In pre-announcing its fourth quarter earnings, UBS said it lost $12 billion on subprime-related positions, and another $2 billion in other mortgage positions.
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Nationwide Foreclosure Activity Jumps 97 Percent in December
Jan 29, 2008 -
Countrywide, Wells Listed as Top Lenders in 2007
Jan 28, 2008 -
New York Expands Countrywide Securities Fraud Suit; Names 26 Underwriters as Defendants
Jan 25, 2008 -
Rumor Mill: JPMorgan Interested in Wells, Merrill?
Jan 22, 2008 -
Commentary: Anatomy of a Downgrade
Jan 21, 2008 -
UBS Shakes Up ABS Operations; Will Pull out of Fixed-Income Proprietary Trading in U.S.
Jan 18, 2008 -
Ambac Investor: Going Out of Business Might be Better
Jan 17, 2008 -
Lehman Cuts 1,300 at Aurora; Will Exit Wholesale, Correspondent Lending
Jan 17, 2008 -
Up Next: JP Morgan Looking at WaMu
Jan 11, 2008 -
Credit Suisse Shares Fall on CMBS Concerns
Jan 08, 2008
