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UBS upgrades fraud losses and shortens time frame

This is a discussion on UBS upgrades fraud losses and shortens time frame within the Latest News forums, part of the Local Happenings category; The alleged US$2 billion fraud at the London arm of Swiss bank UBS dates as far back as October 2008, a time-frame bound to raise plenty of questions over the ...


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Old 19th September 2011, 10:00 AM   #1
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Post UBS upgrades fraud losses and shortens time frame

The alleged US$2 billion fraud at the London arm of Swiss bank UBS dates as far back as October 2008, a time-frame bound to raise plenty of questions over the controls and internal audit mechanisms of the bank.

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