UBS (UBS) Wants to Make Investment Banking More Focused, to Propose SF0.10/share Div for '11

Shares of UBS (NYSE: UBS) on the move as some exciting headlines are coming out of the company's Investor Day:

• planning to make investment banking more focused and less complex
  
• will propose a dividend of SF0.10/share for 2011
  
• confident the bank can deliver RoE of 12-17%
  
• seeking to reduce its Basel 3 RWA at the investment banking segment by SF145 billion

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