Globe and MailSwiss bank UBS says unauthorized trading causes $2 billion lossWashington PostBy AP, GENEVA — Swiss bank UBS AG says it has discovered that unauthorized trading by one of its staff has caused an estimated loss of $2 billion. The Zurich-based bank says the loss could cause it to report a loss for the third quarter.

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  • Exclusive: US scrutinizes Russia accounts UBS took over from Credit Suisse, sources say
    The United States is pursuing an inquiry into Russian clients that UBS took on when it bought Credit Suisse, three people familiar with the matter said, heightening scrutiny of one of the world's ...
    11/12/2024 - 7:05 pm | View Link
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