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UBS boss: No quick turnaround

Swiss bank UBS AG, which has been plagued by losses and customer withdrawals, said Tuesday it aims to…

Swiss bank UBS AG, which has been plagued by losses and customer withdrawals, said Tuesday it aims to make an annual pretax profit of 15 billion Swiss francs ($14.9 billion) in three to five years.

The bank set out a series of medium-term goals aimed at returning the one-time financial powerhouse

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