Thursday, February 14, 2008

UBS Equity

UBS Equity has developed from 3rd quarter to 4th quarter 2007 like this (in CHF million; goodwill assumed to be unchanged):
                     4q2007  3q2007
Goodwill and other 14990 14990
intangible assets
Equity attributable 35585 48229
to UBS shareholders
Tangible equity 20595 33239
Autsch, tangible equity went down -38 % in just three months! With more than 2 trillion in assets on the balance sheet, equity is now less than 1 %. The 13 bia injection should be highly welcomed.

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