Editorial: will UBS sell its Asia investment banking unit?
February 13, 2009
From Richard Morrow
The bank needs to make money and fast to placate its shareholders as well as the Swiss government. Were UBS to put its highly rated investment banking operations up for sale, its Asia-Pacific unit would be sure to attract the interest of rivals with regional aspirations. Standard Chartered, HSBC and Barclays spring to mind.
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