[$$] For UBS, some noxious assets are gone but not yet forgotten (at The Wall Street Journal Online)

yahoo.com     May 21, 2008            

The Wall Street Journal Europe Word Count: 1,036 | Companies Featured in This Article: UBS, BlackRock, Royal Bank of Scotland, Deutsche Bank, Abertis, Goldman Sachs Group, Citigroup, ArcelorMittal UBS HAS SAID AU REVOIR to $15 billion of noxious U.S. mortgage-backed assets by selling them to... [read full story]                    

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BlackRock buys UBS subprime assets

cnn.com     May 21, 2008          

Swiss banks unloads risky positions on newly created investment fund run by the money management firm. Paste this link into your favorite RSS desktop reader See all CNNMoney.com RSS FEEDS ZURICH, Switzerland (AP) -- Swiss bank UBS AG said Wednesday it sold subprime and other mortgage-based...                    

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UBS Plans $15.55 Billion Rights Issue

nytimes.com     May 22, 2008          

UBS said Thursday that it is planning a deeply discounted rights issue worth 16 billion Swiss francs, or $15.55 billion. The Swiss bank said it would issue new stock at 21 francs per share, about one-third below its latest market price. As part of the planned capital raising, UBS said it would...                    

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DealBook: UBS Plans $15.55 Billion Rights Issue

nytimes.com     May 22, 2008          

UBS said Thursday that it is planning a deeply discounted rights issue worth 16 billion Swiss francs, or $15.55 billion. The Swiss bank said it would issue new stock at 21 francs per share, about one-third below its latest market price. As part of the planned capital raising, UBS said it would...                    

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UBS sells subprime assets to BlackRock

cnn.com     May 22, 2008          

Swiss banks unloads risky positions on newly created investment fund run by the money management firm. Paste this link into your favorite RSS desktop reader See all CNNMoney.com RSS FEEDS ZURICH, Switzerland (AP) -- Swiss bank UBS AG said Wednesday it sold subprime and other mortgage-based...                    

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UBS's Shell Game (at Seeking Alpha)

yahoo.com     May 22, 2008          

by: Michael Steinberg posted on: May 22, 2008 | about stocks: report the dramatic moves by UBS to clear the decks of undesirable assets and strengthen its balance sheet. The $15.6B offering gives current shareholders the right to buy 7 new shares for every 20 held at a SFr21 vs. Wednesday’s close...                    

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UBS sells assets to BlackRock

cnn.com     May 22, 2008          

Swiss bank unloads risky positions on newly created investment fund run by the money management firm. Paste this link into your favorite RSS desktop reader See all CNNMoney.com RSS FEEDS ZURICH, Switzerland (AP) -- Swiss bank UBS AG said Wednesday it sold subprime and other mortgage-based...                    

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