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Former boss calls for break-up at UBS

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04-07-2008, 02:55 PM

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Former boss calls for break-up at UBS

UBS is under pressure as its former chief executive is calling for a break-up of the group.The Swiss banking giant has been the biggest casualty of the credit squeeze. Luqman Arnold, who runs the UK-based investment fund Olivant, owns 0.7% of UBS and is also seeking an overhaul of corporate governance and risk controls at [...]

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