UBS boss wants investment bank overhaul

UBS boss wants investment bank overhaul

In the aftermath of a rogue trader allegedly losing UBS 1.7 billion euros, the Swiss bank's Chief Executive, Oswald Gruebel, will ask its board to back plans for a radical overhaul of UBS's investment banking arm. Reportedly Gruebel wants to scale back in some trading areas. ...


User: euronews (in English)

Views: 3

Uploaded: 2011-09-20

Duration: 00:25