Ubs Reports $2 Billion 'unauthorized Trading' Loss

UBS AG reported Thursday that it had discovered a loss from ?unauthorized trading? estimated to be in the range of $2 billion. The Swiss bank said the matter is still under investigation, but it may lead to UBS posting a loss for the third quarter. None of the bank?s client positions are said to be ...

Topics:  ubs ag   swiss   billion   loss   unauthorized trading   
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