Yesterday I received an offer to meet with a UBS broker to discuss “my options in a volatile market” via snail mail. I might have been more inclined to listen if I hadn’t see an article on the BBC site titled: Switzerland unveils UBS bail-out. If they can’t handle their own money, why would anyone else accept their advice?
The problem with all of the mergers and the expansion into other areas is that that if any unit has a problem, they all feel the heat.
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Established: 21 November 2004
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