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UBS AG, the third-largest employer in Fairfield County, indicated it might report a 2007 loss due to exposure in its mortgage securities. UBS has never had an annual net loss.
The Switzerland-based company maintains a large trading operation in Stamford, and had 4,400 local employees at last report.
Last week, UBS announced $10 billion in write-downs and said it would sell a 12 percent stake to Singapore and Middle East investors for $11.5 billion.
”“ Alexander Soule
Rent-an-office outfit expands
Regus Group P.L.C., the largest operator of furnished executive suites, is opening a new location in Greenwich.
The company”™s new 15,000-square-foot business center at 500 West Putnam Ave. will lease space for 50 offices and 100 work stations.
Regus has two sites in Stamford as well as in Norwalk and Shelton; it also has three locations in neighboring Westchester County, N.Y.
The British-based company has its U.S. headquarters in Dallas.
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