UBS's Facebook IPO Losses As High As $350 Million

Major Bank Lost Big Time From Facebook IPO
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June 8 (Reuters) - Swiss bank UBS may have lost as much as $350 million from trading shares in Facebook Inc amid the confusion of the social network's glitch-ridden May 18 market debut, CNBC reported on Friday, citing unidentified sources.

UBS was not immediately available for comment.

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