Rogue Trade Banker Quits

Summary


THE head of the bank embroiled in the pounds 1.5 billion rogue trading scandal resigned from his post last night.

Chief executive Oswald Gruebel stepped down from Swiss bank UBS after it was revealed it had lost an estimated pounds 1.5bn through unauthorised trading. The scandal came to light after Londonbased Kweku Adoboli was arrested last week.

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Rogue Trade Banker Quits

Mr Gru...

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