Huffpost Business

UBS's Facebook IPO Losses As High As $350 Million

Posted: Updated:
UBS FACEBOOK IPO LOSS
AP
Print


June 8 (Reuters) - Swiss bank UBS may have lost as much as $350 million from trading shares in Facebook Inc amid the confusion of the social network's glitch-ridden May 18 market debut, CNBC reported on Friday, citing unidentified sources.

UBS was not immediately available for comment.

Around the Web

UBS lost $30 million on Facebook IPO fiasco: source - Yahoo! News

CORRECTED-UBS lost $30 mln on Facebook IPO fiasco -source ...

UBS, Citi lose $51m on Facebook IPO debacle | The Australian

Citigroup 'lost $20M because of Facebook's botched IPO while UBS ...

UBS lost $20 mln on Facebook IPO fiasco -source - Chicago Tribune

UBS, Citigroup Lost $50M Due To Nasdaq's Facebook Glitches ...

UBS lost $30 million on Facebook IPO fiasco: source - Yahoo! News ...

UBS May Have Trading Loss From Facebook of $350 Million