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Friday, 02 November 2012 12:15

TEXT-S&P: UBS rtgs unaffected by strategic announcement

Written by  Reuters: Company News
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Nov 02 - Standard & Poor's Ratings Services said today that its ratings on UBS AG (UBS; A/Stable/A-1) are unaffected by UBS' Oct. 30 announcement that it intends to significantly accelerate the refocusing and deleveraging of its investment banking operations, started in second-half 2011.

Read more http://feeds.reuters.com/~r/reuters/companyNews/~3/Mf5MfdqzlMw/idUSWLA566320121102

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