UBS completes $15 billion asset sale to BlackRock
marketwatch.com     May 21, 2008            

LONDON (MarketWatch) -- UBS said Wednesday that it has completed its planned sale of around $15 billion of primarily subprime and Alt-A residential mortgage-backed securities to a newly created distressed asset fund that will be managed by BlackRock . The positions had a nominal value of around... [read full story]                    


*Newstin tag cloud displays all featured persons, associated organizations, related topics, regions and companies