We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Tough buy

4 August 2009 By Jeffrey Goldfarb

Sure, the SFr1.4bn of red ink turns black after stripping out quirky owndebt and goodwill charges. The Swiss bank has largely stabilised, as its share price reflects. But tighter capital and leverage, plus continuing outflows and weaker market share, point to a slow recovery.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)