BRIEF-Former UBS CEO says some past employees were "mercenaries"

LONDON Thu Jan 10, 2013 7:39am EST

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LONDON Jan 10 (Reuters) - Former UBS AG executives tell a UK banking inquiry: * Former UBS CEO rohner says two-tier board structure works in good times, but

is dysfunctional in a crisis * Former UBS CEO rohner says some of the people hired by UBS in past were

clearly mercenaries, which damaged culture

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