Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

UBS Is Closing Down Debt Restructuring Unit, N.Y. Post Says

UBS AG is closing its profitable debt restructuring unit, integrating it into a unit that offers high-interest loans, the New York Post reported, citing unidentified people familiar with the matter.

A spokeswoman told the newspaper the Swiss bank isn’t “exiting the restructuring business.”

However, the Post said UBS has been telling clients that the business will be “de-emphasized,” according to its informants.

The unit has added as much as $80 million to UBS’s profit at little cost, the newspaper cited a person familiar with its workings as saying.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.