http://clientportal.ibb.ubs.com/portal/index.jsp?page=eqrschstockrschsector&IndCatCode=BNK&MarketCode=GL&MarketCap=X UBS Research: Banks en Copyright (C) UBS 2008. All rights reserved. eMarketing@ubs.com eMarketing@ubs.com Mon, 6 Oct 2008 Mon, 6 Oct 2008 60 http://clientportal.ibb.ubs.com/portal/index.jsp?page=eqrschrss http://research.ibb.ubs.com:80/images/logo.gif http://www.ubs.com 160 44 http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uev40976|native|public Regions

• Global


• Emerging Markets


• Asia


• Malaysia


• Asia Pacific


• Asia Pacific Ex. JP


• Asia Emerging

Sectors

• Global Banks


• Global Financial


• Global Banks, Ex-S&L


• Asian Banks


• Malaysian Banks


• Asian Financial


• Malaysian Financial


• Malaysian Banks, Ex-S&L


• Asian Banks, Ex-S&L


• Asian Pacific Banks, Ex-S&L


• Asian Pacific Banks


• Asian Pacific Financial


• Asian Pacific Ex. JP Banks, Ex-S&L


• Asian Pacific Ex. JP Banks


• Asian Pacific Ex. JP Financial


• Asia Emerging Banks, Ex-S&L


• Asia Emerging Banks


• Asia Emerging Financial

Companies

• AMMB.KL AMMB Holdings


• BUCM.KL Bumiputra-Commerce


• RHBC.KL RHB Capital


• MBBM.KL Malayan Banking


• PUBMe.KL Public Bank


• HLBB.KL Hong Leong Bank


• EONP.KL EON Cap


• ALFG.KL Alliance Financial

Subjects

• Company Update


• Industry Overview


• Morning Note

]]> Yoke Lan Jan AMMB.KL BUCM.KL RHBC.KL MBBM.KL PUBMe.KL HLBB.KL EONP.KL ALFG.KL http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uev40976|native|public|20081006000000 Mon, 6 Oct 2008 http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer50822|native|public Regions

• Global

Sectors

• Global Banks


• Global Diversified Financial


• Global Financial


• Global Financial Services


• Global Banks, Ex-S&L

]]> Philip Finch http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer50822|native|public|20081006000000 Mon, 6 Oct 2008 http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer50821|native|public Regions

• Global

Sectors

• Global Banks


• Global Diversified Financial


• Global Financial


• Global Financial Services


• Global Banks, Ex-S&L

]]> Philip Finch http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer50821|native|public|20081006000000 Mon, 6 Oct 2008 http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer50799|native|public Regions

• Global


• Emerging Markets


• Asia


• Singapore


• Taiwan


• Asia Pacific


• Asia Pacific Ex. JP


• Americas


• United States


• North America


• Asia Emerging

Sectors

• Global Banks


• Global Diversified Financial


• Global Investment Services


• Global Insurance, Life


• Global Insurance, Property & Casualty


• Global Financial


• Global Insurance


• Global Financial Services


• Global Banks, Ex-S&L


• Asian Banks


• Asian Diversified Financial


• Singaporean Banks


• Taiwanese Banks


• Taiwanese Diversified Financial


• Taiwanese Insurance, Life


• Asian Insurance, Life


• Asian Financial


• Asian Insurance


• Singaporean Financial


• Taiwanese Financial


• Taiwanese Insurance


• Asian Financial Services


• Taiwanese Financial Services


• Taiwanese Banks, Ex-S&L


• Asian Banks, Ex-S&L


• Asian Pacific Banks, Ex-S&L


• Asian Pacific Banks


• Asian Pacific Financial


• Asian Pacific Diversified Financial


• Asian Pacific Financial Services


• Asian Pacific Insurance, Life


• Asian Pacific Insurance


• Asian Pacific Ex. JP Banks, Ex-S&L


• Asian Pacific Ex. JP Banks


• Asian Pacific Ex. JP Financial


• Asian Pacific Ex. JP Diversified Financial


• Asian Pacific Ex. JP Financial Services


• Asian Pacific Ex. JP Insurance, Life


• Asian Pacific Ex. JP Insurance


• Americas Banks


• Americas Investment Services


• US Banks


• US Investment Services


• Americas Insurance, Property & Casualty


• Americas Financial


• Americas Insurance


• US Financial


• Americas Financial Services


• US Financial Services


• North American Banks


• North American Financial


• North American Financial Services


• North American Investment Services


• Pakistani Banks


• Asia Emerging Banks, Ex-S&L


• Asia Emerging Banks


• Asia Emerging Financial


• Asia Emerging Diversified Financial


• Asia Emerging Financial Services


• Asia Emerging Insurance, Life


• Asia Emerging Insurance

Subjects

• Industry Overview


• Morning Note

]]> Preeti Jasrasaria http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer50799|native|public|20081006000000 Mon, 6 Oct 2008 http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer50796|native|public Regions

• Global


• Turkey


• EMEA Emerging


• UBSW EMEA


• Emerging Markets

Sectors

• Global Airlines


• Global Automobile Manufacturers


• Global Building Materials


• Global Banks


• Global Food Retailers & Wholesalers


• Global Industrial, Diversified


• Global Advanced Industrial Equipment


• Global Oil Companies, Secondary


• Global Real Estate


• Global Steel


• Turkish Airlines


• Turkish Automobile Manufacturers


• Turkish Building Materials


• Turkish Banks


• Turkish Food Retailers & Wholesalers


• Turkish Industrial, Diversified


• Turkish Advanced Industrial Equipment


• Turkish Oil Companies, Secondary


• Turkish Real Estate


• Turkish Steel


• Turkish Wireless Communications


• Turkish Distillers & Brewers


• Turkish Furnishings & Appliances


• Turkish Insurance, Full-Line


• Turkish Publishing


• EMEA Emerging Airlines


• EMEA Emerging Automobile Manufacturers


• EMEA Emerging Building Materials


• EMEA Emerging Banks


• EMEA Emerging Wireless Communications


• EMEA Emerging Distillers & Brewers


• EMEA Emerging Food Retailers & Wholesalers


• EMEA Emerging Furnishings & Appliances


• EMEA Emerging Industrial, Diversified


• EMEA Emerging Insurance, Full-Line


• EMEA Emerging Advanced Industrial Equipment


• EMEA Emerging Oil Companies, Secondary


• EMEA Emerging Publishing


• EMEA Emerging Real Estate


• EMEA Emerging Steel


• Global Wireless Communications


• Global Distillers & Brewers


• Global Furnishings & Appliances


• Global Insurance, Full-Line


• Global Publishing


• EMEA Emerging Basic Materials


• EMEA Emerging Consumer, Cyclical


• EMEA Emerging Energy


• EMEA Emerging Financial


• EMEA Emerging Home Construction & Furnishings


• EMEA Emerging Industrial


• EMEA Emerging Insurance


• EMEA Emerging Mining & Metals


• EMEA Emerging Consumer, Non-Cyclical


• EMEA Emerging Telecommunications


• EMEA Emerging Industrial Transportation


• Global Basic Materials


• Global Consumer, Cyclical


• Global Energy


• Global Financial


• Global Home Construction & Furnishings


• Global Industrial


• Global Insurance


• Global Mining & Metals


• Global Consumer, Non-Cyclical


• Global Telecommunications


• Global Industrial Transportation


• Turkish Basic Materials


• Turkish Consumer, Cyclical


• Turkish Energy


• Turkish Financial


• Turkish Home Construction & Furnishings


• Turkish Industrial


• Turkish Insurance


• Turkish Mining & Metals


• Turkish Consumer, Non-Cyclical


• Turkish Telecommunications


• Turkish Industrial Transportation


• EMEA Emerging Automobiles


• EMEA Emerging Basic Resources


• EMEA Emerging Cyclical Goods & Services


• EMEA Emerging Construction


• EMEA Emerging Food & Beverage


• EMEA Emerging Financial Services


• EMEA Emerging Industrial Goods & Services


• EMEA Emerging Media


• EMEA Emerging Non-Cyclical Goods & Services


• Global Automobiles


• Global Basic Resources


• Global Cyclical Goods & Services


• Global Construction


• Global Food & Beverage


• Global Financial Services


• Global Industrial Goods & Services


• Global Media


• Global Non-Cyclical Goods & Services


• Turkish Automobiles


• Turkish Basic Resources


• Turkish Cyclical Goods & Services


• Turkish Construction


• Turkish Food & Beverage


• Turkish Financial Services


• Turkish Industrial Goods & Services


• Turkish Media


• Turkish Non-Cyclical Goods & Services


• Turkish Banks, Ex-S&L


• Turkish Beverage


• Turkish Transportation Services


• EMEA Emerging Banks, Ex-S&L


• EMEA Emerging Beverage


• EMEA Emerging Transportation Services


• Global Banks, Ex-S&L


• Global Beverage


• Global Transportation Services


• Global Emerging Airlines


• Global Emerging Automobiles


• Global Emerging Automobile Manufacturers


• Global Emerging Basic Resources


• Global Emerging Banks, Ex-S&L


• Global Emerging Building Materials


• Global Emerging Banks


• Global Emerging Basic Materials


• Global Emerging Beverage


• Global Emerging Cyclical Goods & Services


• Global Emerging Construction


• Global Emerging Wireless Communications


• Global Emerging Consumer, Cyclical


• Global Emerging Distillers & Brewers


• Global Emerging Energy


• Global Emerging Food Retailers & Wholesalers


• Global Emerging Financial


• Global Emerging Food & Beverage


• Global Emerging Furnishings & Appliances


• Global Emerging Financial Services


• Global Emerging Home Construction & Furnishings


• Global Emerging Industrial, Diversified


• Global Emerging Industrial


• Global Emerging Industrial Goods & Services


• Global Emerging Insurance, Full-Line


• Global Emerging Insurance


• Global Emerging Advanced Industrial Equipment


• Global Emerging Media


• Global Emerging Mining & Metals


• Global Emerging Non-Cyclical Goods & Services


• Global Emerging Consumer, Non-Cyclical


• Global Emerging Oil Companies, Secondary


• Global Emerging Publishing


• Global Emerging Real Estate


• Global Emerging Steel


• Global Emerging Telecommunications


• Global Emerging Industrial Transportation


• Global Emerging Transportation Services

Companies

• AKBNK.IS Akbank


• ARCLK.IS Arcelik


• GARAN.IS Garanti


• MIGRS.IS Migros Turk


• FROTO.IS Ford Otosan


• EREGL.IS Erdemir


• AKCNS.IS Akcansa


• KCHOL.IS Koc Holding


• TUPRS.IS Tupras


• THYAO.IS Turkish Airlines


• YKBNK.IS YKB


• ISCTR.IS Is Bank


• SAHOL.IS Sabanci Holding


• SISE.IS Sisecam


• TOASO.IS Tofas Oto Fabrika


• AKGRT.IS Aksigorta


• ENKAI.IS ENKA


• DYHOL.IS Dogan Yayin Holding


• TKC.N Turkcell


• AEFES.IS Anadolu Efes


• VAKBN.IS Vakifbank


• ISGYO.IS Is REIT


• BIMAS.IS BIM


• TAVHL.IS TAV


• ASYAB.IS Bank Asya


• ALBRK.IS Albaraka

]]> Batuhan Ozsahin AKBNK.IS ARCLK.IS GARAN.IS MIGRS.IS FROTO.IS EREGL.IS AKCNS.IS KCHOL.IS TUPRS.IS THYAO.IS YKBNK.IS ISCTR.IS SAHOL.IS SISE.IS TOASO.IS AKGRT.IS ENKAI.IS DYHOL.IS TKC.N AEFES.IS VAKBN.IS ISGYO.IS BIMAS.IS TAVHL.IS ASYAB.IS ALBRK.IS http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer50796|native|public|20081006000000 Mon, 6 Oct 2008 http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uev40963|native|public Regions

• Global


• Asia


• Singapore


• Asia Pacific


• Asia Pacific Ex. JP

Sectors

• Global Banks


• Global Financial


• Asian Banks


• Singaporean Banks


• Asian Financial


• Singaporean Financial


• Asian Pacific Banks


• Asian Pacific Financial


• Asian Pacific Ex. JP Banks


• Asian Pacific Ex. JP Financial

Companies

• DBSM.SI DBS


• OCBC.SI OCBC


• UOBH.SI UOB

Subjects

• Company Update


• Industry Overview


• Morning Note

]]> Jaj Singh DBSM.SI OCBC.SI UOBH.SI http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uev40963|native|public|20081006000000 Mon, 6 Oct 2008 http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uev40959|native|public Regions

• Global


• Emerging Markets


• Asia


• Taiwan


• Asia Pacific


• Asia Pacific Ex. JP


• Asia Emerging

Sectors

• Global Banks


• Global Diversified Financial


• Global Insurance, Life


• Global Financial


• Global Insurance


• Global Financial Services


• Global Banks, Ex-S&L


• Asian Banks


• Asian Diversified Financial


• Taiwanese Banks


• Taiwanese Diversified Financial


• Taiwanese Insurance, Life


• Asian Insurance, Life


• Asian Financial


• Asian Insurance


• Taiwanese Financial


• Taiwanese Insurance


• Asian Financial Services


• Taiwanese Financial Services


• Taiwanese Banks, Ex-S&L


• Asian Banks, Ex-S&L


• Asian Pacific Banks, Ex-S&L


• Asian Pacific Banks


• Asian Pacific Financial


• Asian Pacific Diversified Financial


• Asian Pacific Financial Services


• Asian Pacific Insurance, Life


• Asian Pacific Insurance


• Asian Pacific Ex. JP Banks, Ex-S&L


• Asian Pacific Ex. JP Banks


• Asian Pacific Ex. JP Financial


• Asian Pacific Ex. JP Diversified Financial


• Asian Pacific Ex. JP Financial Services


• Asian Pacific Ex. JP Insurance, Life


• Asian Pacific Ex. JP Insurance


• Asia Emerging Banks, Ex-S&L


• Asia Emerging Banks


• Asia Emerging Financial


• Asia Emerging Diversified Financial


• Asia Emerging Financial Services


• Asia Emerging Insurance, Life


• Asia Emerging Insurance

Subjects

• Change in Recommendation


• Company Update


• Industry Overview


• Morning Note

]]> http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uev40959|native|public|20081006000000 Mon, 6 Oct 2008 http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez65235|native|public Regions

• Global


• Americas


• United States


• North America

Sectors

• Global Banks


• Global Diversified Financial


• Global Investment Services


• Global Financial


• Global Financial Services


• Global Banks, Ex-S&L


• Americas Banks


• Americas Diversified Financial


• Americas Investment Services


• US Banks


• US Diversified Financial


• US Investment Services


• Americas Financial


• US Financial


• Americas Financial Services


• US Financial Services


• US Banks, Ex-S&L


• Americas Banks, Ex-S&L


• North American Banks, Ex-S&L


• North American Banks


• North American Financial


• North American Diversified Financial


• North American Financial Services


• North American Investment Services

Companies

• CSGN.VX CS Group


• DBKGn.DE Deutsche Bank


• BAC.N Bank of America


• BK.N Bank of New York


• C.N Citigroup


• JPM.N JPMorgan Chase


• MER.N Merrill Lynch


• MS.N Morgan Stanley


• STT.N State Street


• NTRS.O Northern Trust


• BEN.N Franklin Resources


• TROW.O T. Rowe Price


• ETFC.O E*TRADE


• SCHW.O Charles Schwab


• GS.N Goldman Sachs


• AMTD.O TD Ameritrade


• FII.N Federated Investors


• JNS.N Janus Capital Group


• CME.O CME Group


• GHL.N Greenhill


• CNS.N Cohen & Steers, Inc.


• NDAQ.O The NASDAQ OMX Group


• NYX.N NYSE Euronext


• ICE.N ICE


• MF.N MF Global


• PZN.N Pzena


• IVZ.N Invesco

Subjects

• Industry Overview

]]> Glenn Schorr, CFA CSGN.VX DBKGn.DE BAC.N BK.N C.N JPM.N MER.N MS.N STT.N NTRS.O BEN.N TROW.O ETFC.O SCHW.O GS.N AMTD.O FII.N JNS.N CME.O GHL.N CNS.N NDAQ.O NYX.N ICE.N MF.N PZN.N IVZ.N http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez65235|native|public|20081006000000 Mon, 6 Oct 2008 http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez65230|native|public Regions

• Global


• Americas


• United States


• North America

Sectors

• Global Banks


• Global Financial


• Americas Banks


• US Banks


• Americas Financial


• US Financial


• North American Banks


• North American Financial

]]> Matthew D. O'Connor, CFA http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez65230|native|public|20081003000000 Fri, 3 Oct 2008 http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez65229|native|public Regions

• Global


• Americas


• United States


• North America

Sectors

• Global Banks


• Global Financial


• Americas Banks


• US Banks


• Americas Financial


• US Financial


• North American Banks


• North American Financial

Subjects

• Industry Overview


• Morning Note

]]> Matthew D. O'Connor, CFA http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez65229|native|public|20081003000000 Fri, 3 Oct 2008 http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uev40933|native|public Regions

• Global


• Emerging Markets


• Asia


• Taiwan


• Asia Pacific


• Asia Pacific Ex. JP


• Asia Emerging

Sectors

• Global Banks


• Global Diversified Financial


• Global Insurance, Life


• Global Financial


• Global Insurance


• Global Financial Services


• Global Banks, Ex-S&L


• Asian Banks


• Asian Diversified Financial


• Taiwanese Banks


• Taiwanese Diversified Financial


• Taiwanese Insurance, Life


• Asian Insurance, Life


• Asian Financial


• Asian Insurance


• Taiwanese Financial


• Taiwanese Insurance


• Asian Financial Services


• Taiwanese Financial Services


• Taiwanese Banks, Ex-S&L


• Asian Banks, Ex-S&L


• Asian Pacific Banks, Ex-S&L


• Asian Pacific Banks


• Asian Pacific Financial


• Asian Pacific Diversified Financial


• Asian Pacific Financial Services


• Asian Pacific Insurance, Life


• Asian Pacific Insurance


• Asian Pacific Ex. JP Banks, Ex-S&L


• Asian Pacific Ex. JP Banks


• Asian Pacific Ex. JP Financial


• Asian Pacific Ex. JP Diversified Financial


• Asian Pacific Ex. JP Financial Services


• Asian Pacific Ex. JP Insurance, Life


• Asian Pacific Ex. JP Insurance


• Asia Emerging Banks, Ex-S&L


• Asia Emerging Banks


• Asia Emerging Financial


• Asia Emerging Diversified Financial


• Asia Emerging Financial Services


• Asia Emerging Insurance, Life


• Asia Emerging Insurance

Companies

• 2882.TW Cathay FHC


• 2891.TW Chinatrust FHC


• 2887.TW Taishin FHC


• 2890.TW SinoPac FHC


• 2892.TW First FHC


• 2884.TW E. Sun FHC


• 2886.TW Mega FHC


• 2888.TW Shin Kong FHC


• 2885.TW Yuanta FHC

Subjects

• Change in Recommendation


• Company Update


• Industry Overview


• Morning Note

]]> Pandora Lee 2882.TW 2891.TW 2887.TW 2890.TW 2892.TW 2884.TW 2886.TW 2888.TW 2885.TW http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uev40933|native|public|20081003000000 Fri, 3 Oct 2008 http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez65210|native|public Regions

• Global


• Americas


• United States


• North America

Sectors

• Global Banks


• Global Financial


• Global Banks, Ex-S&L


• Americas Banks


• US Banks


• Americas Financial


• US Financial


• US Banks, Ex-S&L


• Americas Banks, Ex-S&L


• North American Banks, Ex-S&L


• North American Banks


• North American Financial

Companies

• WFC.N Wells Fargo

Subjects

• Company Update


• Morning Note

]]> Matthew D. O'Connor, CFA WFC.N http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez65210|native|public|20081003000000 Fri, 3 Oct 2008 http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer50720|native|public Regions

• Global

Sectors

• Global Banks


• Global Diversified Financial


• Global Financial


• Global Financial Services


• Global Banks, Ex-S&L

]]> Philip Finch http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer50720|native|public|20081003000000 Fri, 3 Oct 2008 http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer50719|native|public Regions

• Global

Sectors

• Global Banks


• Global Diversified Financial


• Global Financial


• Global Financial Services


• Global Banks, Ex-S&L

]]> Philip Finch http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer50719|native|public|20081003000000 Fri, 3 Oct 2008 http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer50702|native|public Regions

• Austria


• Belgium


• Europe Including UK


• Europe Ex. UK


• United Kingdom


• Global


• UBSW EMEA


• Emerging Markets


• Asia Pacific


• Asia Pacific Ex. JP


• Americas


• Brazil


• Latin America


• United States


• North America


• Latin America Emerging


• Australia


• Australasia

Sectors

• Austrian Banks


• Belgian Banks


• European Banks


• European Ex. UK Banks


• British Banks


• Global Banks


• Global Diversified Financial


• Global Investment Services


• Austrian Financial


• Belgian Financial


• European Financial


• European Ex. UK Financial


• British Financial


• Global Financial


• Global Financial Services


• Austrian Banks, Ex-S&L


• Belgian Banks, Ex-S&L


• British Banks, Ex-S&L


• European Banks, Ex-S&L


• European Ex. UK Banks, Ex-S&L


• Global Banks, Ex-S&L


• Global Emerging Banks, Ex-S&L


• Global Emerging Banks


• Global Emerging Financial


• Asian Pacific Banks, Ex-S&L


• Asian Pacific Banks


• Asian Pacific Financial


• Asian Pacific Ex. JP Banks, Ex-S&L


• Asian Pacific Ex. JP Banks


• Asian Pacific Ex. JP Financial


• Americas Banks


• Americas Diversified Financial


• Americas Investment Services


• Brazilian Banks


• Latin American Banks


• US Banks


• US Diversified Financial


• US Investment Services


• Americas Financial


• Brazilian Financial


• Latin American Financial


• US Financial


• Americas Financial Services


• US Financial Services


• Brazilian Banks, Ex-S&L


• US Banks, Ex-S&L


• Latin American Banks, Ex-S&L


• Americas Banks, Ex-S&L


• North American Banks, Ex-S&L


• North American Banks


• North American Financial


• North American Diversified Financial


• North American Financial Services


• North American Investment Services


• Latin America Emerging Banks, Ex-S&L


• Latin America Emerging Banks


• Latin America Emerging Financial


• Australian Banks


• Australian Financial


• Australian Banks, Ex-S&L


• Australasian Banks, Ex-S&L


• Australasian Banks


• Australasian Financial

Subjects

• Industry Overview


• Morning Note

]]> Preeti Jasrasaria http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer50702|native|public|20081003000000 Fri, 3 Oct 2008 http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer50699|native|public Regions

• Global


• Turkey


• EMEA Emerging


• UBSW EMEA


• Emerging Markets

Sectors

• Global Airlines


• Global Automobile Manufacturers


• Global Building Materials


• Global Banks


• Global Food Retailers & Wholesalers


• Global Industrial, Diversified


• Global Advanced Industrial Equipment


• Global Oil Companies, Secondary


• Global Real Estate


• Global Steel


• Turkish Airlines


• Turkish Automobile Manufacturers


• Turkish Building Materials


• Turkish Banks


• Turkish Food Retailers & Wholesalers


• Turkish Industrial, Diversified


• Turkish Advanced Industrial Equipment


• Turkish Oil Companies, Secondary


• Turkish Real Estate


• Turkish Steel


• Turkish Wireless Communications


• Turkish Distillers & Brewers


• Turkish Furnishings & Appliances


• Turkish Insurance, Full-Line


• Turkish Publishing


• EMEA Emerging Airlines


• EMEA Emerging Automobile Manufacturers


• EMEA Emerging Building Materials


• EMEA Emerging Banks


• EMEA Emerging Wireless Communications


• EMEA Emerging Distillers & Brewers


• EMEA Emerging Food Retailers & Wholesalers


• EMEA Emerging Furnishings & Appliances


• EMEA Emerging Industrial, Diversified


• EMEA Emerging Insurance, Full-Line


• EMEA Emerging Advanced Industrial Equipment


• EMEA Emerging Oil Companies, Secondary


• EMEA Emerging Publishing


• EMEA Emerging Real Estate


• EMEA Emerging Steel


• Global Wireless Communications


• Global Distillers & Brewers


• Global Furnishings & Appliances


• Global Insurance, Full-Line


• Global Publishing


• EMEA Emerging Basic Materials


• EMEA Emerging Consumer, Cyclical


• EMEA Emerging Energy


• EMEA Emerging Financial


• EMEA Emerging Home Construction & Furnishings


• EMEA Emerging Industrial


• EMEA Emerging Insurance


• EMEA Emerging Mining & Metals


• EMEA Emerging Consumer, Non-Cyclical


• EMEA Emerging Telecommunications


• EMEA Emerging Industrial Transportation


• Global Basic Materials


• Global Consumer, Cyclical


• Global Energy


• Global Financial


• Global Home Construction & Furnishings


• Global Industrial


• Global Insurance


• Global Mining & Metals


• Global Consumer, Non-Cyclical


• Global Telecommunications


• Global Industrial Transportation


• Turkish Basic Materials


• Turkish Consumer, Cyclical


• Turkish Energy


• Turkish Financial


• Turkish Home Construction & Furnishings


• Turkish Industrial


• Turkish Insurance


• Turkish Mining & Metals


• Turkish Consumer, Non-Cyclical


• Turkish Telecommunications


• Turkish Industrial Transportation


• EMEA Emerging Automobiles


• EMEA Emerging Basic Resources


• EMEA Emerging Cyclical Goods & Services


• EMEA Emerging Construction


• EMEA Emerging Food & Beverage


• EMEA Emerging Financial Services


• EMEA Emerging Industrial Goods & Services


• EMEA Emerging Media


• EMEA Emerging Non-Cyclical Goods & Services


• Global Automobiles


• Global Basic Resources


• Global Cyclical Goods & Services


• Global Construction


• Global Food & Beverage


• Global Financial Services


• Global Industrial Goods & Services


• Global Media


• Global Non-Cyclical Goods & Services


• Turkish Automobiles


• Turkish Basic Resources


• Turkish Cyclical Goods & Services


• Turkish Construction


• Turkish Food & Beverage


• Turkish Financial Services


• Turkish Industrial Goods & Services


• Turkish Media


• Turkish Non-Cyclical Goods & Services


• Turkish Banks, Ex-S&L


• Turkish Beverage


• Turkish Transportation Services


• EMEA Emerging Banks, Ex-S&L


• EMEA Emerging Beverage


• EMEA Emerging Transportation Services


• Global Banks, Ex-S&L


• Global Beverage


• Global Transportation Services


• Global Emerging Airlines


• Global Emerging Automobiles


• Global Emerging Automobile Manufacturers


• Global Emerging Basic Resources


• Global Emerging Banks, Ex-S&L


• Global Emerging Building Materials


• Global Emerging Banks


• Global Emerging Basic Materials


• Global Emerging Beverage


• Global Emerging Cyclical Goods & Services


• Global Emerging Construction


• Global Emerging Wireless Communications


• Global Emerging Consumer, Cyclical


• Global Emerging Distillers & Brewers


• Global Emerging Energy


• Global Emerging Food Retailers & Wholesalers


• Global Emerging Financial


• Global Emerging Food & Beverage


• Global Emerging Furnishings & Appliances


• Global Emerging Financial Services


• Global Emerging Home Construction & Furnishings


• Global Emerging Industrial, Diversified


• Global Emerging Industrial


• Global Emerging Industrial Goods & Services


• Global Emerging Insurance, Full-Line


• Global Emerging Insurance


• Global Emerging Advanced Industrial Equipment


• Global Emerging Media


• Global Emerging Mining & Metals


• Global Emerging Non-Cyclical Goods & Services


• Global Emerging Consumer, Non-Cyclical


• Global Emerging Oil Companies, Secondary


• Global Emerging Publishing


• Global Emerging Real Estate


• Global Emerging Steel


• Global Emerging Telecommunications


• Global Emerging Industrial Transportation


• Global Emerging Transportation Services

Companies

• AKBNK.IS Akbank


• ARCLK.IS Arcelik


• GARAN.IS Garanti


• MIGRS.IS Migros Turk


• FROTO.IS Ford Otosan


• EREGL.IS Erdemir


• AKCNS.IS Akcansa


• KCHOL.IS Koc Holding


• TUPRS.IS Tupras


• THYAO.IS Turkish Airlines


• YKBNK.IS YKB


• ISCTR.IS Is Bank


• SAHOL.IS Sabanci Holding


• SISE.IS Sisecam


• TOASO.IS Tofas Oto Fabrika


• AKGRT.IS Aksigorta


• ENKAI.IS ENKA


• DYHOL.IS Dogan Yayin Holding


• TKC.N Turkcell


• AEFES.IS Anadolu Efes


• VAKBN.IS Vakifbank


• ISGYO.IS Is REIT


• BIMAS.IS BIM


• TAVHL.IS TAV


• ASYAB.IS Bank Asya


• ALBRK.IS Albaraka

]]> Batuhan Ozsahin AKBNK.IS ARCLK.IS GARAN.IS MIGRS.IS FROTO.IS EREGL.IS AKCNS.IS KCHOL.IS TUPRS.IS THYAO.IS YKBNK.IS ISCTR.IS SAHOL.IS SISE.IS TOASO.IS AKGRT.IS ENKAI.IS DYHOL.IS TKC.N AEFES.IS VAKBN.IS ISGYO.IS BIMAS.IS TAVHL.IS ASYAB.IS ALBRK.IS http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer50699|native|public|20081003000000 Fri, 3 Oct 2008 http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez65187|native|public Regions

• Global


• Americas


• United States


• North America

Sectors

• Global Banks


• Global Diversified Financial


• Global Investment Services


• Global Financial


• Global Financial Services


• Global Banks, Ex-S&L


• Americas Banks


• Americas Diversified Financial


• Americas Investment Services


• US Banks


• US Diversified Financial


• US Investment Services


• Americas Financial


• US Financial


• Americas Financial Services


• US Financial Services


• US Banks, Ex-S&L


• Americas Banks, Ex-S&L


• North American Banks, Ex-S&L


• North American Banks


• North American Financial


• North American Diversified Financial


• North American Financial Services


• North American Investment Services

Companies

• CSGN.VX CS Group


• DBKGn.DE Deutsche Bank


• C.N Citigroup


• JPM.N JPMorgan Chase


• MER.N Merrill Lynch


• MS.N Morgan Stanley


• STT.N State Street


• SCHW.O Charles Schwab


• GS.N Goldman Sachs


• AMTD.O TD Ameritrade


• CME.O CME Group


• GHL.N Greenhill


• NDAQ.O The NASDAQ OMX Group


• NYX.N NYSE Euronext


• ICE.N ICE


• IVZ.N Invesco

Subjects

• Industry Overview


• Morning Note

]]> Glenn Schorr, CFA CSGN.VX DBKGn.DE C.N JPM.N MER.N MS.N STT.N SCHW.O GS.N AMTD.O CME.O GHL.N NDAQ.O NYX.N ICE.N IVZ.N http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez65187|native|public|20081003000000 Fri, 3 Oct 2008 http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uet08096|native|public Regions

• Global


• Asia Pacific


• Asia Pacific Ex. JP


• Australia


• New Zealand


• Australasia

Sectors

• Global Banks


• Global Financial


• Asian Pacific Banks


• Asian Pacific Financial


• Asian Pacific Ex. JP Banks


• Asian Pacific Ex. JP Financial


• Australian Banks


• Australian Financial


• Australasian Banks


• Australasian Financial

Subjects

• Company Update


• Market Strategy / Comment


• Morning Note

]]> Margaret Beecroft http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uet08096|native|public|20081003000000 Fri, 3 Oct 2008 http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez65175|native|public Regions

• Global


• Americas


• United States


• North America

Sectors

• Global Banks


• Global Financial


• Americas Banks


• US Banks


• Americas Financial


• US Financial


• North American Banks


• North American Financial

Companies

• BAC.N Bank of America


• CMA.N Comerica


• FITB.O Fifth Third Bancorp


• KEY.N KeyCorp


• NCC.N National City


• PNC.N PNC Financial


• STI.N SunTrust Banks


• WB.N Wachovia


• WFC.N Wells Fargo


• BBT.N BB&T


• HBAN.O Huntington


• FHN.N First Horizon


• RF.N Regions Financial


• ZION.O Zions Bancorp


• USB.N US Bancorp


• MI.N Marshall & Ilsley


• SOV.N Sovereign Bancorp


• MTB.N M&T Bank


• TCB.N TCF Financial

Subjects

• Industry Overview


• Morning Note

]]> Matthew D. O'Connor, CFA BAC.N CMA.N FITB.O KEY.N NCC.N PNC.N STI.N WB.N WFC.N BBT.N HBAN.O FHN.N RF.N ZION.O USB.N MI.N SOV.N MTB.N TCB.N http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez65175|native|public|20081002000000 Thu, 2 Oct 2008 http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer50676|native|public Regions

• Europe Including UK


• Europe Ex. UK


• Global


• Ireland


• UBSW EMEA

Sectors

• European Banks


• European Ex. UK Banks


• Global Banks


• Irish Banks


• European Financial


• European Ex. UK Financial


• Global Financial


• Irish Financial

]]> Meyrick Chapman http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer50676|native|public|20081002000000 Thu, 2 Oct 2008