Bloomberg News

UBS Says Co-Heads of Global Equities Leave After Trading Loss

October 05, 2011

Oct. 5 (Bloomberg) -- UBS AG said Carsten Kengeter, chief executive officer of UBS Investment Bank, today accepted the resignations of Francois Gouws and Yassine Bouhara, co-heads of Global Equities, following the recently announced unauthorized trading incident.

To contact the editor responsible for this story: Leigh Baldwin at lbaldwin3@bloomberg.net


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