UBS warning shakes equities, day after big gains (Reuters)

Posted by admin on March 13, 2009 under News | Be the First to Comment

UBS warning shakes equities, day after big gains (Reuters)

Madoff vicitim Ileen Kent talks to the media before entering the Manhattan federal courthouse in New York, March 12, 2009. Bernard Madoff, accused of running the biggest fraud in Wall Street history, is expected to plead guilty on Thursday in what is shaping up to be a courtroom drama featuring denunciations by investors and a renewed push by prosecutors to jail him immediately. REUTERS/Brendan McDermid (UNITED STATES CONFLICT SOCIETY BUSINESS)Reuters – Banking worries shot back into equity markets on Wednesday after leading European bank UBS said it saw its earnings at risk for some time, weighing on investors a day after many had their best day since December.


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