UBS Watch: Shares take further knock but analysts say will weather storm

UBS’ shares fell more than 5% yesterday, adding to the precarious state of Switzerland’s biggest bank. But some analysts say the bank’s capital raising efforts in recent months should stave off a collapse.

Shares in UBS have fallen by more than 30% in the last week as investors run for the doors amidst the contagion flowing through world markets.

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Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire