In the last quarter of 2008 and in the first quarter of 2009, the Swiss Confederation had to take two measures in connection with UBS:
1. In mid-October 2008, as a consequence of the financial crisis, UBS had a serious liquidity problem, which was threatening the bank’s existence. After a further private [...]
div>
Posted on June 4th, 2010
In the last quarter of 2008 and in the first quarter of 2009, the Swiss Confederation had to take two measures in connection with UBS:
1. In mid-October 2008, as a consequence of the financial crisis, UBS had a serious liquidity problem, which was threatening the bank’s existence. [...]
div>
1 pages