UBS fined CHF100,000 for slowness over 2007 losses

14th January 2011, Comments 0 comments

Zurich, Switzerland GenevaLunch - Bank UBS took too long to in July to give shareholders information about looming losses in 2007, the Swiss Stock Exchange sanctions commission has ruled. Friday it handed the bank a CHF100,000 fine, the end of a three-year investigation. The bank was bailed out by the Swiss government when it posted ...

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