Welcome to Wopular's coverage of Ubs Rogue Trader.
Wopular aggregates news headlines from the top newspapers and
news sources. To the right are articles about
Ubs Rogue Trader that have been featured on main sections
of the site.
Below are topics about Ubs Rogue Trader. (Click on "all"
to view all articles related to the topic, including articles NOT about
Ubs Rogue Trader.
The head of Swiss banking giant UBS Oswald J. Gruebel has resigned in the wake of a $2.3 billion loss in unauthorized trading, the bank announced Saturday.
While UBS CEO Oswald Gruebel battled to keep the Swiss bank's investment arm and save his job, the trader accused of unauthorized deals that lost the bank $2.3 billion said he was "sorry beyond words."
Oswald Gruebel, the chief executive of UBS, has dismissed calls for his resignation as politically motivated, even as the Swiss banking giant raised its estimated loss by a rogue trader to $2.3 billion.