No doubt the champagne corks are popping at UBS, and high fives for the Borsh and team .. but what they should be thinking about is the fact that shareholders have lost 80% of their investment in the last eight months. That's an achievement even Lehman Brothers would be proud of.
Even the GFC 1 levels weren't this bad... and you have to wind the clock back 6 years to get close.
No doubt the champagne corks are popping at UBS, and high fives...
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