UBS To Shut London Distressed-Debt Desk

02 Nov 2012

UBS is closing its distressed-debt trading desk in London, and has let go all but a few members of the staff, which will work on selling the Swiss bank’s distressed-debt portfolio.

UBS is closing its distressed-debt trading desk in London, and has let go all but a few members of the staff, which will work on selling the Swiss bank’s distressed-debt portfolio.

Click here to read the story from Reuters.

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