by Calculated Risk on 2/10/2009 01:19:00 AM

Press Release: UBS Reports a Fourth Quarter Loss of CHF 8.1 Billion

Update: From the WSJ: UBS Posts Loss, Plans Job Cuts

UBS AG Tuesday reported a narrower fourth-quarter net loss and said it will cut 15,000 jobs by the end of this year in its loss-making investment bank.

The confessional is still very busy.

And oldie (Source: Jan-Martin Feddersen, Immobilienblasen)



Here is the actually UBS logo.