Banks

UBS Clients Don’t Get Out Of Bed For Less Than $50 Billion In Losses

So far, the trading scandal doesn’t appear to have significantly hurt the confidence of UBS’s wealthy clients, who had pulled hundreds of millions of francs from the bank in 2008 and 2009 after Swiss authorities had to bail out UBS following about $50 billion in securities write-downs. A bruising tax evasion battle with the U.S. also drove clients away. UBS only managed to stem the exodus of clients late last year. [WSJ]

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54 Responses to “UBS Clients Don’t Get Out Of Bed For Less Than $50 Billion In Losses”

  1. guestapo says:

    Maybe this means Kweks can get his job back, no hard feelings?

  2. Guest says:

    Challenge accepted.

    – UBS star trader

  3. Guest says:

    UBS clients suck.

  4. Guest says:

    Funny, UBS bankers will get out of bed for a mere $50,000/year.

  5. Guesty says:

    $50 Billion & Wollensky

  6. guest says:

    hey look over there it's UBS

    Jon Corzine

  7. ubs peon says:

    ubs sux

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