Sentence examples for from unauthorized trading from inspiring English sources

UBS identified $2 billion of losses from unauthorized trading in the Swiss bank's supposedly safe Delta One equities business.

LONDON — UBS said Wednesday that its co-chiefs of global equities had resigned after last month's revelation of a $2.3 billion loss from unauthorized trading.

They have helped Mr. McCann rebuild the American branch of the beleaguered Swiss bank, which was hit with a $2.3 billion loss from unauthorized trading last year.

After it was revealed that a UBS trader had lost $2.3 billion from unauthorized trading, the company's chief executive, Oswald Grübel, and other managers resigned.

Losses from unauthorized trading, a large problem among small brokerage firms in the 1990's, are covered only if an investor can prove to the satisfaction of corporation representatives that he complained promptly to the firm.

Adoboli may have lost more than $2.3 billion from unauthorized trading, British prosecutors said in court at the time.

Deutsche Bank was less circumspect about Société Générale, the French bank that suffered $7 billion of losses from unauthorized trades.

UBS said on Tuesday that it would make a small profit in the third quarter, despite a $2.3 billion loss from unauthorized trades that it discovered last month.

The embattled Swiss bank UBS said on Tuesday that it would post a third-quarter profit despite a $2.3 billion loss from unauthorized trades discovered last month.

PARIS — A lawyer representing Société Générale shareholders asked judges on Friday to interview an immediate supervisor of Jérôme Kerviel, the trader the bank blames for billions of euros in losses from unauthorized trades, to try to determine when his superiors were first alerted to his actions.

He was sentenced to three years for unauthorized trading but remains free pending appeal; he is not in prison.