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Bonuses Likely To Be Cut After $2.3 Billion Trading Loss At UBS
Monday, September 19, 2011 - 11:44am | 588Read More...A UBS (NYSE: UBS) equity derivatives trader was charged last week with fraud and false accounting after disguising losses of $2.3 billion at the Swiss bank. Reports indicate that London based Kweku Adoboli, 31, racked up the staggering losses through a series of trades in S&P 500, DAX and...

