New York Times (05/27/08) P. C2
UBS shares fell 5.8 percent--the most in more than two months--in Swiss trading on May 26 after the bank disclosed that its losses on residential and commercial real estate securities outside the United States "could increase in the future." UBS was the European bank hit hardest by the collapse of America's subprime housing market. It is now seeking to replenish capital after about $38 billion in write-downs related to the subprime meltdown.
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