UBS

Oswald Gruebel, the chief executive of Swiss bank UBS, has resigned over an alleged £1.5bn ($2.3bn) rogue-trading loss.

Ben Johnson, director of ETF European research at Morningstar takes a look at the facts behind the UBS trading loss.

Swiss banking giant UBS has raised its estimate of the losses allegedly caused by rogue trader Kweku Adoboli to $2.3bn (£1.5bn).

The FSA and the Swiss Financial Market Supervisory Authority (FINMA) are launching an independent investigation into the events surrounding the huge trading losses incurred by UBS, allegedly as a result of the actions of 'rogue trader' Kweku Adoboli....

City of London police have charged UBS trader Kweku Adoboli with fraud in relation to the $2bn loss at the bank, and he has hired the same law firm which defended Barings bank rogue trader Nick Leeson to defend him.

Kweku Adoboli, an ETF trader at UBS, is suspected of unauthorised trading which cost the bank £1.3bn. But UBS is far from alone in suffering the sting of internal fraud, as this gallery of the world's most infamous rogue traders shows...

ETFM provides a roundup of some of this week's ETF and indexing news.

The $2bn losses incurred by UBS as a result of an alleged rogue trader put banks' risk controls under further scrutiny...

UBS has said it has discovered a loss in the region of $2bn as a result of rogue trading in its investment banking division.

The number of financial advisers in the US - including wealth managers, IFAs and bank and insurer tied advisers - is declining rapidly just as demand for their services increases, according to new data.