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S U B S C R I B E
Wednesday, 10 October, 2012
UBS exec in charge of investigating 'rogue' trades testifies
The damage done by alleged rogue trading at Switzerland’s biggest bank, UBS, could have been much worse according to testimony at the trial of Kweku Adoboli in London. Adoboli is accused of fraudulent trades and activity that cost the bank more than two billion francs, but one bank executive said it could have been more than 12 billion. Reporter Catherine Drew reports from London:
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