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mlkrborn

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mlkrborn

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Thursday, 09/15/2011 11:37:15 AM

Thursday, September 15, 2011 11:37:15 AM

Post# of 103
UBS $11s on trading losses of $2 b. The guy face imprisonment for "wrong" trades! What a logic. Imagine same logic applies to small equity investors/traders' decisons in various message boards, everyone of us would go to prison..
UBS Announces Trading Loss
Date : 09/15/2011 @ 3:00AM
Source : Business Wire

UBS Announces Trading Loss
print

UBS has discovered a loss due to unauthorized trading by a trader in its Investment Bank. The matter is still being investigated, but UBS's current estimate of the loss on the trades is in the range of USD 2 billion. It is possible that this could lead UBS to report a loss for the third quarter of 2011. No client positions were affected.

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Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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