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Reuters

Reuters

Business

Business & Economics

UBS in talks with clients over FX derivative losses on Trump volatility, sources say

Reuters
Summary
Nutrition label

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.

VR Score

91

Informative language

98

Neutral language

66

Article tone

semi-formal

Language

English

Language complexity

63

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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