Sponsored Links

Top UBS banker says future scandals still a risk

LONDON | Wed Jan 9, 2013 7:00am EST

LONDON Jan 9 (Reuters) - The head of UBS's investment bank told a UK parliamentary committee on Wednesday that the bank was still at risk of future scandals despite the changes it has implemented in the aftermath of the Libor rate-rigging controversy.

"I would love to tell you it won't happen again, but I can't tell you it won't happen again," Andrea Orcel said.

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.