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Wednesday May 23rd 2012

Ex-UBS trader refused bail as bank probe deepens

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LONDON (Reuters) – Former UBS AG trader Kweku Adoboli, who is accused of unauthorized deals that cost the Swiss bank $2.3 billion, was refused bail by a London court on Friday less than an hour after regulators stepped up their probe into the scandal.

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Post Published: 03 February 2012
Found in section: -, Finance