UBS Says Rogue Trader Caused $2 Billion Loss | WAMU 88.5 - American University Radio
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UBS Says Rogue Trader Caused $2 Billion Loss

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Swiss banking giant UBS said Thursday that a rogue trader caused it an estimated loss of $2 billion, stunning a beleaguered banking industry that has proven vulnerable to unauthorized trades. The swindler reportedly worked at the bank's equity division in London.
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