UBS Completes Sale to Julius Baer, Massive Profit Rise in 4Q Expected as a Result

UBS announced the completion of the sale of its private banks and GAM to Julius Baer, which will deliver a post-tax disposal gain of approximately SFr3.8 billion ($2.8 billion), which will be booked in....

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By: Contributing Editor
December 5, 2005
UBS announced the completion of the sale of its private banks and GAM to Julius Baer, which will deliver a post-tax disposal gain of approximately SFr3.8 billion ($2.8 billion), which will be booked in....