UBS fined £30m over trading scandal

2012-11-26 13:16

UBS was fined £30m by Britain's financial watchdog and put under extra scrutiny by its Swiss counterpart over failings that allowed a rogue trader to lose $2.3bn.

Prison and $7bn fine for rogue trader

2012-10-24 20:31

The Paris appeals court ordered former Societe Generale trader Jerome Kerviel to spend three years in prison and pay back a staggering €4.9bn in damages.

UBS mulls fate of crisis-hit bank

2011-09-23 12:13

The UBS board is meeting to discuss the future of its scandal-hit investment bank, which has lost $2.3bn in alleged rogue trading.


Prosecutors reject rogue trader's suits

2012-10-26 18:06

A Paris prosecutor rejected two suits by rogue trader Jerome Kerviel against Societe Generale, the bank he brought to the brink of collapse.

CEO resigns over rogue trading loss

2011-09-25 13:17

UBS chief executive Oswald Gruebel has resigned over a $2.3bn rogue trading loss, says the bank.

Tears as UBS trader charged with fraud

2011-09-16 17:55

British police charged UBS trader Kweku Adoboli with fraud after the Swiss bank said it had lost about $2bn in illegal trades, plunging it into crisis.

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