- Advertisement -

Related

UBS: OTILLÅTNA TRADINGAFFÄRER GER FÖRLUST CA 2 MDR USD

- Advertisement -

STOCKHOLM (Direkt) UBS har upptäck en förlust inom sin investmentbank i storleksordningen 2 miljarder dollar. Bakom förlusten ligger otillåtna transaktioner av en handlare.

Det framgår av ett pressmeddelande.

“Ärendet undersöks fortfarande men uppskattningen för närvarande är att tradingförlusten ligger i storleksordningen 2 miljarder dollar. Det är möjligt att detta kan leda till att UBS redovisar en förlust för det tredje kvartalet 2011. Inga kundpositioner påverkades”, skriver banken.

UBS tappade runt 9 procent i öppningshandeln på börsen i
Zürich på torsdagen efter att den schweiziska banken tillkännagivit entradingförlust på 2 miljarder dollar i det tredje kvartalet, på grund av otillåtna tradingaffärer.

Bild: (C) gunnar3000—Fotolia.com

Subscribe to HedgeBrev, HedgeNordic’s weekly newsletter, and never miss the latest news!

Our newsletter is sent once a week, every Friday.

HedgeNordic Editorial Team
HedgeNordic Editorial Team
This article was written, or published, by a member of the HedgeNordic editorial team.

Latest Articles

HSBC’s Three Decades of Building Hedge Fund Portfolios

Hedge fund investing has become increasingly institutionalized and resource-intensive, requiring access to specialized managers alongside deep due diligence, portfolio construction, risk management, and ongoing...

The Benefits of Multi-Manager Portfolios in CTA Investing

At first glance, CTA investing can appear deceptively homogeneous. Many managers trade the same liquid futures markets and rely on systematic, trendfollowing models that...

Why Some Nordic Allocators Prefer Multi-Strategy Hedge Funds

Many institutional allocators spend years building portfolios of single-strategy hedge funds across different asset classes, geographies, and investment styles. Yet there is also a...

Allocators Seek Sharpe, Not Spectacle When Opting for Multi Managers

Global allocators are once again paying closer attention to multi-strategy and multi-manager hedge fund solutions. But unlike the years before the financial crisis, the...

Swiss Family Office Seeks $5 Million Allocation to Liquid Alternatives

A Swiss family office is seeking to allocate $5 million to liquid alternative investment strategies, including hedge funds, managed futures, commodities, and funds providing...

OP’s R2 Crystal Sees Stronger Case for Hedge Funds

For much of the past decade, hedge funds struggled to compete against strong beta-driven markets fueled by ultra-low interest rates and abundant liquidity. But...

Allocator Interviews

In-Depth: Diversification

- Advertisement -

Voices

Request for Proposal

- Advertisement -