Bloomberg News

UBS Drops in Zurich Trading After Announcing Trading Loss

September 15, 2011

Sept. 15 (Bloomberg) -- UBS AG fell as much as 9.6 percent in Zurich trading after announcing a trading loss of about $2 billion because of unauthorized deals at its investment bank.

By 9:02 a.m., UBS was 90 centimes lower at 10.03 Swiss francs.

To contact the editor responsible for this story: Paul Verschuur at pverschuur@bloomberg.net


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