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Flickr / twicepix (CC-BY-SA)

UBS Trader Charged With Fraud

The trader arrested on suspicion of costing Swiss banking giant UBS more than $2 billion in unauthorized trades was charged Friday with fraud and two counts of false accounting dating as far back as 2008.

Posted on Sep 17, 2011 READ MORE



Flickr / twicepix (CC-BY-SA)

Trader Lost Billions for Swiss Bank

Swiss banking giant UBS said Thursday that a rogue trader had cost it approximately $2 billion in unauthorized trades. (more)

Posted on Sep 15, 2011 READ MORE


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