19-Sep-2011 01:56 UBS

Rogue Trading: UBS Could Take Significant Hit From Kweku Adoboli's Actions :: With UBS losing approximately $2 billion from unauthorized trades by a "rogue" trader, the road for recovery for the Swiss bank could be long.
url: http://www.ibtimes.com/articles/214648/20110915/rogue-trading-ubs-could-take-signficant-hit-from-employee-s-actions.htm

UBS Rogue Trading Loss Totals $2.3 Billion :: UBS announced the loss from unauthorized trading equated to approximately $2.3 billion, more than the $2 billion that was initially reported.
url: http://www.ibtimes.com/articles/215733/20110918/ubs-rogue-trader-loss-kweku-adoboli.htm

UBS says trader hid loss with fake deals :: Kweku Adoboli used fictitious counter-trades to cover loss-making positions, the bank alleges, the same tactic used by a trader at SocGen in 2008
url: http://www.ft.com/cms/s/0/ebfd05f8-e203-11e0-9915-00144feabdc0.html?ftcamp=rss

UBS ups loss estimate to $2.3bn :: Swiss bank UBS estimates its loss from alleged rogue trading at its London office is $2.3bn - $300m more than first thought.
url: http://www.bbc.co.uk/go/rss/int/news/-/news/business-14965438

UBS Details Rogue Trades that Lost Bank $2.3 Billion :: Swiss bank UBS said on Sunday it had lost $2.3 billion from unauthorised speculative trades in various equity futures it discovered on Wednesday and has now covered the resulting risk with its equities business again operating normally.
url: http://www.ibtimes.com/articles/215699/20110918/ubs-details-rogue-trades-that-lost-bank-2-3-bln.htm

UBS investment bank faces uncertain future :: url: http://feedproxy.google.com/~r/euronews/en/business/~3/CK3jqNq4Aws/

UBS Trader Adoboli Arrested Over $2 Billion Rogue Trading :: Swiss bank, UBS AG, said it has suffered a $2 billion loss due to rogue trading and the London police arrested a 31-year-old man on suspicion of fraud.
url: http://www.ibtimes.com/articles/214803/20110916/ubs-ag.htm