Abouhossein said there was now further potential for Rohner to cut costs and make that division more profitable.
FORBES: Battered UBS Looks Like A Bargain
2.
"We have long argued that UBS has been over-investing in its investment-banking business, " wrote JPMorgan's Kian Abouhossein in a note to clients.
FORBES: Magazine Article
3.
Abouhossein's concern about UBS's earnings were reflected in his estimate downgrade and reduced price target, which he made along with his share upgrade.