Oswald Gruebel, chief executive officer of UBS AG, may face pressure to cut risk and shrink the investment bank when the board meets in Singapore today, less than a week after a $2.3 billion loss from unauthorized trading, according to a Bloomberg report.
The CEO got a scolding yesterday from the Government of Singapore Investment Corp., the company’s biggest investor, which “expressed disappointment and concern about the lapses
and urged UBS to take...
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