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A security guard walks past cars in a Geely Automobile Holdings Ltd. factory in a Shanghai suburb September 28, 2006.REUTERS/Aly Song

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UBS chairman says bank is not for sale

BASEL
Wed Apr 23, 2008 12:24pm EDT

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Designated Swiss bank UBS Chairman of the Board of Directors Peter Kurer is seen on a giant TV screen as he gives a speech during the general shareholder meeting of the bank in Basel April 23, 2008. REUTERS/Arnd Wiegmann

BASEL (Reuters) - New UBS (UBSN.VX) Chairman Peter Kurer said the bank was not for sale.

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"We are not for sale," Kurer said at a media conference on Wednesday after the bank's annual general meeting.

(Reporting by John O'Donnell)



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