Mark Henley

Zurich, SWITZERLAND

John Cryan, Chief Financial officer of UBS, announces diappointing annual results during a press conference in April 2011. After being bailed out by the Swiss government, in 2008, following record losses, for a Swiss company, caused by excessive exposure to the U.S. sub-prime market, UBS was hit by a new scandal in September 2011 as a rogue trader based in London was discovered to have lost in the region of USD 2.3 billion in unauthorised trading. In response Oswald Grubel, Group Chief Executive Officer at UBS, resigned.

Object Name
Copyright
Mark Henley
City
Zurich
Country
SWITZERLAND
Restrictions
Not available in Switzerland and Japan.
Max size
High Resolution
4288 x 2848 pixels
36.31 x 24.11 cm (300 dpi)
14.29 x 9.49 inch (300 dpi)
3.4 MB size on disk
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