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Tax credit to save UBS from hefty loss (Reuters)


| | Tax credit to save UBS from hefty loss (Reuters)

Tax credit to save UBS from hefty loss (Reuters)

The logo of Swiss bank UBS AG is pictured at one of its buildings in Lucerne April 4, 2008. (Michael Buholzer/Reuters)Reuters - Battered Swiss bank UBS said on Friday it should be saved from another hefty loss in the second quarter by a large tax credit, giving a much-needed though short-lived boost to its share price.





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