New UBS boss seeks fresh start after trading scandal
The new interim boss of UBS has been charged with reorganising its investment bank, a task which will take two to three years to complete.
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UBS chief shoulders blame for ‘trading incident’
UBS’s chief executive Oswald Gruebel resigned on Saturday, taking the blame after its banking business lost $2.3-billion in alleged rogue trading.
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Protesters clash with riot police in Davos
Anti-capitalist protesters threw bottles at riot police on Saturday and officers responded with water cannon as a small demonstration.
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Cautious CEOs count on Brics for growth
Global business leaders pinned their hopes on roaring growth in emerging markets at the start of the annual Davos forum on Wednesday.
