Sunday, September 18, 2011

BBC News - Home: UBS ups loss estimate to $2.3bn

BBC News - Home
The latest stories from the Home section of the BBC News web site.
UBS ups loss estimate to $2.3bn
Sep 18th 2011, 14:33

UBS says losses now estimated at £1.5bn ($2.3bn) were uncovered when the bank made inquiries into a trader accused of unauthorised trading.

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