UBS, which is Switzerland’s largest, bank, has reported a first quarter loss of SwFr1.98 billion (£1.2 billion).The bank said the losses were attributed to write-downs on risky investments. However the loss was less than the SwFr9.5 billion reported for the fourth quarter of 2008.The Swiss bank is among one of the worst hit victims of [...]
UBS reports first quarter loss of SwFr1.98bn
