UBS Penalized $47.6 Million Over Adoboli Losses

UBS Penalized $47.6 Million Over Adoboli Losses Play

Nov. 26 (Bloomberg) -- UBS AG was fined 29.7 million pounds ($47.6 million) by the U.K. and told by Swiss regulators that it may have to increase capital levels for operational risks in response to Kweku Adoboli’s $2.3 billion trading loss. Ryan Chilcote and Francine Lacqua report on Bloomberg Television's "On the Move." (Source: Bloomberg)

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