Sweden | featured news

Trader "sorry" as UBS chief fights for bank and job

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."

 

UBS CEO not resigning, loss mounts to $2.3 billion

UBS CEO not resigning, loss mounts to $2.3 billion

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.

 

Rogue trader suspected in $2 billion loss at UBS

Rogue trader suspected in $2 billion loss at UBS

Swiss banking giant UBS said Thursday that a rogue trader has caused it an estimated loss of $2 billion, stunning a beleaguered banking industry that has proven vulnerable to unauthorized trades. Police in London said they arrested a 31-year-old UBS trader, Kweku Adoboli, in the alleged fraud. UBS declined to confirm his name.

 

Swedish Police Arrest Four Terror Suspects

Swedish police arrested four people on suspicion of preparing a terror attack and evacuated an arts center in Sweden's second largest city on the eve of the 9/11 anniversary, officials said Sunday.

 

Assange to fight extradition in sex case

WikiLeaks editor-in-chief Julian Assange will begin his appeal Tuesday against extradition to Sweden from the United Kingdom to face questioning on sex charges.

 

US doesn't make cut for happiest nations list

US doesn't make cut for happiest nations list

What makes people happy? The question, which has been debated by philosophers for centuries, now is being tackled by international bureaucrats and the results are interesting.

 

Spain lashes out over E. coli accusations

Spain lashes out over E. coli accusations

Spain denies allegations its cucumbers caused the illness that has killed and sickened people in Germany and Sweden.

 

Assange's Swedish sex crimes file is leaked online

Leaked Swedish police documents on the Julian Assange sex cases raise key questions for both sides about the allegations.

 

Ex-banker says he's giving Wikileaks files on rich

Ex-banker says he's giving Wikileaks files on rich

A former Swiss banker on Monday supplied documents to WikiLeaks that he alleges detail attempts by wealthy business leaders and lawmakers to evade tax payments.

 

WikiLeaks Founder Ordered Freed as Court Rejects Appeal

WikiLeaks Founder Ordered Freed as Court Rejects Appeal

A London court on Thursday ordered that Julian Assange be released on bail while he fights extradition to Sweden.

 

Subscribe to this RSS topic: Syndicate content