瑞银盈利警告引发全球股市抛售银行股

rayfromsea

UBS yesterday warned that continued market turmoil would hit its earnings in the second half, sparking a fresh global sell-off in banking stocks amid fears that the full impact of turbulence was yet to come.
In far more bearish comments than many counterparts at other top banks, Marcel Rohner, UBS's new chief executive, said the size and scope of the sell-off in US asset backed securities had yet to be fathomed.
“It is clear that it will be a while until the crisis plays through fully,” he said. “The question is whether everything is already priced in. That depends on what further news may emerge about the US economy.”

As a former head of risk strategy at UBS, and a PhD econometrician, Mr Rohner's comments carry considerable weight, and may have played a part in the heavy fall in UBS shares, which dropped by almost 4 per cent to SFr63.50, pulling down the sector.