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24 Apr 2008
UBS have turned to Peter Voser as part of moves to tighten up their strategy after the battering the company has taken from sub-prime writedowns.
The Shell FD will be lending his financial expertise to UBS later this year as the company try to hammer out a new working policy.
UBS has written down more than $37bn (£18.7bn) to date but still holds sizeable risky assets on its books. 'Today our problem positions are only about a third of what they were at the end of September 2007,' CEO Marcel Rohner told the Wall St Journal.
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources. 
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