UBS could 'get slammed' by FSA enforcement investigation
The FSA announces commencement of its formal investigation that could see UBS 'get slammed', according to one legal expert
The UK Financial Services Authority (FSA) has today commenced a formal enforcement investigation against Swiss bank UBS in relation to the $2.3 billion losses incurred at the hands of a rogue trader, believed to be delta one trader Kweku Adoboli.
The investigation, which was announced in September 2011 just after the losses occurred, will centre on the events surrounding the trading losses at the
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