Swiss bank UBS Chairman Ospel attends NEWS conference after extraordinary general meeting in Basel
Swiss bank UBS Chairman Marcel Ospel attends a news conference after the extraordinary general meeting of the bank in Basel February 27, 2008. Shareholders in UBS backed a 13 billion Swiss franc ($11.94 billion) capital injection from Singapore and an unidentified Middle East investor but heaped scorn on Ospel over subprime losses. The vote, carried by a large majority at an extraordinary shareholders' meeting, came after Ospel appealed to investors, saying the funds were vital to the bank's future. REUTERS/Christian Hartmann (SWITZERLAND)