Monday, September 19, 2011

UBS starts probe into $2.3 billion rogue trade loss (Reuters)

Reuters - UBS has kicked off an internal investigation into the catastrophic failure of its risk systems after rogue equity trades cost the Swiss bank $2.3 billion, raising the pressure on top management.

Source: http://us.rd.yahoo.com/dailynews/rss/topstories/*http://news.yahoo.com/s/nm/20110919/bs_nm/us_ubs_trades

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