Bloomberg.com
6 Apr 2008
April 6 (Bloomberg) -- UBS AG will prepare its investment banking business for a possible sale in two to three years' time, Sonntag reported, without saying where it got the information.
UBS may be forced to sell the unit if future U.S. laws require a separation of its business and investment banks, the Aarau, Switzerland-based newspaper said. A sale may also be necessary if the Swiss Federal Banking Commission raises capital requirements for investment banks, or if the unit can't be made profitable, it said.
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