UBS Dusting Off Plans To Spin Off Investment BankMani
UBS is mulling a spinoff of its investment banking business as regulators are demanding more capital, according to Mediobanca SpA analysts.
UBS ROE target delayed
UBS, Switzerland’s biggest bank, said in October that its ambition to reach its 15% return on equity target in 2015 will be delayed by at least a year unless the regulator removes its demand . . .
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