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Ticker Summary (UBS)

18.05+0.31 (+1.75%)
Open	17.80
High	18.09
Low	17.80
Volume	4,818,040
Market Cap	68.5B
52 Week High	19.32
52 Week Low	12.26
P/E	14.44
F P/E	8.14
EPS	1.25
Dividend	N/A
Yield	N/A
1 Year Target	18.46

UBS 18.05 +1.75%

UBS Expects More Mortgage Writedowns to Come (bloomberg.com)

UBS AG, the largest European bank to be impacted by the U.S. credit crisis, dropped nearly 3.7 percent in Swiss trading Monday, after the company reported that the bank may need to write down more mortgage losses. The bank is currently seeking to rebuild capital after nearly $38 billion in write downs. UBS still has nearly $45 billion in U.S. mortgage related assets.

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