UBS CEO Gruebel says has board's backing

Started by Reuters, Sep 21, 2011, 07:02 PM

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Reuters

Sep 21, 2011, 07:02 PM
SINGAPORE (Reuters) - UBS chief executive Oswald Gruebel said he had the support of the Swiss bank's board ahead of its first meeting since announcing rogue trading had cost it $2.3 billion, news that promoted calls for tougher regulation of investment banks.

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