UBS Ordered to Pay Fine to Private Client

UBS has been ordered to pay a private banking client around SF1.6 million ($1.3 million) in damages plus interest for unauthorized trades it carried out on the client’s behalf by a Swiss court. The....

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By: Paul Das
February 28, 2005
UBS has been ordered to pay a private banking client around SF1.6 million ($1.3 million) in damages plus interest for unauthorized trades it carried out on the client’s behalf by a Swiss court. The....