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Yahoo! My Yahoo! Mail Yahoo! Search Search: Sign InNew User? Sign Up News Home - Help Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Search Search: UBS sells Brazilian subsidiary for 2.5 bln dollars AFP - 56 minutes ago ZURICH (AFP) - - Embattled Swiss banking giant UBS announced the sale of its Brazilian subsidiary UBS Pactual to BTG Investments for 2.5 billion dollars (1.9 billion euros). ADVERTISEMENT "The sale of the Brazilian business is consistent with UBSs policy to continue to reduce its risk profile, strengthen its balance sheet and sharpen its business focus," said the bank in a statement. Email Story IM Story Printable View Blog This Recommend this article 0 users recommend Sign in to recommend this article » Most Recommended Stories » Enlarge Photo A UBS logo is seen on the top of the Swiss banking giant headquarters in Zurich. Embattled Swiss banking giant UBS announced Monday the sale of its Brazilian subsidiary UBS Pactual to BTG Investments for 2.5 billion dollars (1.9 billion euros). Most Popular – Top Stories Viewed Police nab Norwegian pair during high-speed sex 'Beginner's luck' may lay trail to Cleopatra tomb Mummies found in ancient Egypt burial chamber 'Dracula bandit' gets 20-yr jail sentence New-look auto sector could emerge from crisis View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Copyright © 2009 Yahoo! Southeast Asia Pte Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Privacy Policy - Terms of Service - Community - Intellectual Property Rights Policy - Help

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