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Wednesday, November 16, 2011

UBS Shrinks Investment Bank, Cuts RoE Targets, To Pay Dividend

UBS Shrinks Investment Bank, Cuts RoE Targets, To Pay Dividend By Anita Greil Of DOW JONES NEWSWIRES UBS AG (UBS) Thursday provided long-awaited details on its plan to shrink its investment bank by unwinding risky assets and to put more focus on its profitable business of managing the wealth of rich clients. ... UBS Shrinks Investment Bank, Cuts RoE Targets, To Pay Dividend

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