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- But, UBS analysts were not convinced by the move, saying they estimate that the deal reduces group medium-term profit growth from more than 10pc to less than 6pc.
- UBS analysts say they expect the eurozone to double dip into a recession in the first half of 2012.
- "I admire what Lenovo is doing," said Joe Zhang, a UBS analyst who follows Lenovo.
- The Bank's refusal to contemplate new support programmes for UK banks has left them with "few or no backstops", according to UBS analysts.
- "We continue to believe that £3 billion a year in future is easily within the scope of maintaining the single-A credit rating," UBS analysts said in a note to clients.
- Stephan Potgieter, UBS analyst, said it was an "elegant" way to improve Investec's capital mix.
- A report by UBS analysts claimed the Bank's actions meant British lenders were having to pay more to issue debt than their Continental rivals.
- "For a deposit-funded bank with little interest rate risk on the books, we regard this as a 'gold standard'," the UBS analysts said.
- Mr. Bradford, the UBS analyst, pointed out that much of the losses reported by the major steel companies resulted from special items.
- UBS analysts warned the lack of an emergency scheme from the central bank to support the banking system in the event of a new crisis had already raised funding costs.
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