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03 February 2012 UBS

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UBS 03/02/2012

11:18 : FSA launches enforcement against UBS over £1.5bn trading losses - The Financial Services Authority has begun an enforcement investigation against Swiss bank UBS over the actions of alleged rogue trader Kweku Adoboli, who has been accused of unauthorised trading costing the company £1.5 billion.
Source : citywire-co-uk
11:05 : FSA takes action against UBS over rogue trades - The Financial Services Authority (FSA) and the Swiss regulator Finma is to commence enforcement action against UBS over the losses caused by rogue trader Kweku Adoboli.
10:37 : UK FSA starts formal enforcement probe on UBS loss - LONDON, Feb 3 (Reuters) - Britain's Financial Services Authority (FSA) regulator has started a formal enforcement probe against Swiss bank UBS over last year's $2 billion trading loss at UBS's London arm.
Source : reuters-com
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