Rogue London trader causes UBS $2bn loss

Sep 16

Rogue London trader causes UBS $2bn loss

A 31-year-old staffer was arrested in the early hours of Thursday for causing a $2-billion loss to Swiss investment banking giant UBS on account of unauthorised trading at the bank’s London office.
http://www.business-standard.com/india/news/rogue-london-trader-costs-ubs-2-bn/449332/

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