Facebook flotation may have cost UBS $350m
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Facebook flotation may have cost UBS $350m

New York City : NY : USA | Jun 10, 2012 at 7:07 AM PDT
Source: Guardian Unlimited
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The Swiss bank is said to be considering legal action against Nasdaq over the Facebook IPO. Photograph: Brendan Mcdermid/Reuters The Swiss investment bank UBS may have lost as much as $350m (£226m) during Facebook's flawed flotation last month, according to reports. FULL ARTICLE AT Guardian Unlimited
 
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