UBS set to announce historic annual loss

UBS set to announce historic annual loss

Agence France-Presse
But if there is a silver lining for the bank, which has been the target of a huge state rescue package, it lies in the fact that analysts say UBS has now hit bottom after its stock price fell 82 percent since the summer of 2007. For that reason, the loss of nearly $17.2 billion the bank is expected to announce should not surprise markets, analysts say.