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Can someone tell me what distressed assets have to with the union bank of switzerland (ubs)?

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Can someone tell me what distressed assets have to with the union bank of switzerland (ubs)?

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  1. Most financial institutions have had a segment of their portfolio in real estate. These assets have become 'distressed' and UBS recently dumped most of its holdings in this area. The interesting thing is that UBS loaned another company the money to buy these assets from them, thereby retaining some of the risk.

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