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Other News Industry UBS Chief Gruebel Dismisses Calls to Resign After Trading Loss
Other News Industry UBS Chief Gruebel Dismisses Calls to Resign After Trading Loss
UBS AG Chief Executive Officer Oswald Gruebel said he doesn’t plan to resign after Switzerland’s biggest bank last week reported a $2 billion loss from unauthorized trading.
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News from other sites
Ex-UBS Trader Fined $2 Million on Unauthorized Trading...
...The case focused on risk-management failures at the bank years before Kweku Adoboli, a former trader at UBS’s investment bank, was accused of causing $2.3 billion in losses through unauthorized trading. Adoboli, who was charged last year with fraud and false... 2012-05-21 14:14:00 Bloomberg.com
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