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UBS Was So Impressed With Buffett's Investment It Took BAC Off Its 'Only If We Had To' List


This was the validation they were looking for.

UBS has removed the stock from its “Least Preferred” list, noting: Removing Bank of America from the Least Preferred list. The investment from Berkshire is likely to restore confidence in BAC shares, which was a key component of our expectation for the stock to remain weak.

Analysts Divided On Buffett Rescue [Deal Journal]


Kweku Adoboli's Colleague Couldn't Help But Admire The Cojones It Took To Lose UBS $2 Billion

Not everyone would have the balls, but Adobli did and for that he deserved props.