UBS rogue trader arrested, bank sector surveillance questioned

16th September 2011, Comments 0 comments ZURICH, SWITZERLAND - The banking sector is coming under pressure in Switzerland, with some calls for UBS chairman Oswald Gruebel to resign following the arrest of a 31-year-old rogue trader Thursday 16 September in London. The man was charged Friday with abuse of his position and fraudulent accounting. He is being investigated for losing more [...]

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