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The Swiss bank claimed the loss resulted from unauthorised trading in London that was within its "normal business flow" and alleged that "the true magnitude of the risk exposure was distorted because the positions had been offset" with "fictitious" forward positions.
Similar(55)
These should then be offset with surpluses during upswings.
So a tilt towards Iran can be offset with war in Yemen or Syria.
Tightly composed sections were offset with improvisatory bursts that shattered the sequence of repetitions.
The industrial exposed brick is offset with "witty" retro touches, such as the baronial fireplace.
Environmental damage is offset with measures elsewhere, while flood-protection plans are made far in advance.
The realist longueurs of seniority are offset with magical realist memories of trapeze artists, draft dodgers, transvestites and dogs.
This tax should be offset with reductions in income taxes to avoid a negative effect on the economy.
Sentimentality is offset with wicked wit, and Brooker's brio and imagination paper over any gaps in logic.
In both cases, the fuel taxes could be offset with tax credits to protect vulnerable segments of the population.
Bluestocking touches, like lace-up crocodile brogues, were offset with the Amelia Earhart romance of sheepskin flying jackets.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com