Now, UBS is an investment bank so they can get rid of assets much faster.
A positive sign for the economy is that the process seems to be bottoming.
Thursday, 19 August 2010
Sign of deleveraging: UBS's balance sheet
I was checking some numbers on UBS the other day and I was amazed by the speed and the size of the deleveraging.
Now, UBS is an investment bank so they can get rid of assets much faster.
A positive sign for the economy is that the process seems to be bottoming.
Now, UBS is an investment bank so they can get rid of assets much faster.
A positive sign for the economy is that the process seems to be bottoming.
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