Breakingviews

Considered view

17 Nov 2009 12:36

Looking up

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The Swiss bank has been stabilised and new boss Oswald Grübel is now setting targets. He reckons UBS can get back to its 2006 profit levels in three to five years. But the rebound hinges on fixed income, which buckled the bank. No wonder investors are wary of pricing in success.

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