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Old 19.11.2011, 12:29
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Re: UBS shrinks investment bank, halves risky assets

they plan to do that in the next 5 years... which, in market terms, means .. NEVER.

You can bet that within the next 5 years there will be several major financial crises, rogue traders, bankruptcies, restructurings, devaluations etc etc - which will render most scenarios and projections of today rather moot.

If they seriously want to change it will have to be done in the next 6 months. a 5 year plan is just whitewash.
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