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View Full Version : US subprime hits Europe


HVAC
April 1st, 2008, 11:19 AM
http://www.msnbc.msn.com/id/23897083

ZURICH, Switzerland - Swiss bank UBS AG on Tuesday reported more serious damage from exposure to the U.S. subprime crisis, saying it would post first-quarter losses of $12.1 billion and that it would seek $15.1 billion in new capital.

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