Switzerland
Switzerland's UBS reports that it has lost US$2 billion on unauthorised deals by Kweku Adoboli, one of its London-based traders.
Sources: Reuters The Guardian
Sources: Reuters The Guardian
Indian cinema actor, director and producer Dev Anand dies of a heart attack in London.
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Oswald Grübel, chief executive of Swiss bank UBS, resigns in the wake of a rogue trading scandal.
UBS trader Kweku Adoboli is charged with fraud and false accounting.