UBS Settles Clients' FX Losses
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FX lossesReuters
•Business
Business & Economics
UBS in talks with clients over FX derivative losses on Trump volatility, sources say

81% Informative
Several hundred customers of the Swiss banking giant are affected, the sources said.
They include clients in Switzerland and their combined losses run into hundreds of millions of francs .
Among those asking for compensation from UBS are wealthier retail customers who argue they were sold complex products that they did not understand.
UBS says it is analyzing potential unexpected effects with clients.
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66
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English
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