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UBS starts probe into $2.3 billion rogue trade loss
ZURICH (Reuters) - Swiss bank UBS has kicked off an internal investigation into the catastrophic failure of its risk systems after raising the amount it lost on rogue equity trades to $2.3 billion (1.46 billion pounds).<img width='1' height='1' src='http://mf.feeds.reuters.com/c/871/f/415342/s/188ca770/mf.gif' border='0'/><div class='mf-viral'><table border='0'><tr><td valign='middle'><a href="http://res.feedsportal.com/viral/sendemail2.html?title=UBS+starts+probe+into+%242.3+billion+rogue+trade+loss&link=http%3A%2F%2Fuk.reuters.com%2Farticle%2F2011%2F09%2F19%2Fuk-ubs-trades-idUKTRE78H18C20110919%3FfeedType%3DRSS%26feedName%3DtopNews" target="_blank"><img src="http://res3.feedsportal.com/images/emailthis2.gif" border="0" /></a></td><td valign='middle'><a href="http://res.feedsportal.com/viral/bookmark.cfm?title=UBS+starts+probe+into+%242.3+billion+rogue+trade+loss&link=http%3A%2F%2Fuk.reuters.com%2Farticle%2F2011%2F09%2F19%2Fuk-ubs-trades-idUKTRE78H18C20110919%3FfeedType%3DRSS%26feedName%3DtopNews" target="_blank"><img src="http://res3.feedsportal.com/images/bookmark.gif" border="0" /></a></td></tr></table></div> [More]