Updated Thursday, August 21, 2014 as of 8:07 AM ET

Email This Article

UBS Fined $47.6 Million, Faces Higher Capital Level on Loss

Elena Logutenkova and Matthias Wabl

UBS AG was fined 29.7 million pounds ($47.6 million) by the U.K. and told by the Swiss that it may have to increase capital levels for operational risks as regulators levied penalties after Kweku Adoboliís $2.3 billion trading loss.

Login for Registered Users:

Log in below to email an article:

The August Issue is now online!


TWITTER
FACEBOOK
LINKEDIN

Industry Events

September 9, 2014 |

September 17, 2014 |

September 17, 2014 | Chicago, IL

September 20, 2014 |

September 28, 2014 |

Already a subscriber? Log in here