UBS Agrees to Refund $18.6 Billion in Bonds

Sat, 09 Aug 2008 10:09:21 -0400

UBS Agrees to Refund $18.6 Billion in Bonds - Washington Post

by Retail (retail) @ Sat, 09 Aug 2008 10:09:21 -0400

UBS agreed to buy back auction-rate securities from customers who have been unable to cash them in since February. (By Walter Bieri -- Associated Press) NEW YORK, Aug. 8 -- Swiss investment bank UBS on Friday became the latest financial firm to say ...

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