9.15.2011

Swiss banking group lost two billion dollars in the process of trading illegal

Group announced that Swiss banking giant, on Thursday, they discovered the circulation of illegal cost about two billion dollars
A statement by the U.S. group reported that "the unauthorized trading, conducted by the trader in an investment bank, and brought the bank to record a loss in the third quarter of this year."
  The loss will probably be among the largest losses in the bank's trading operations is authorized.

The bank said that "investigations are under way to discover Tfasl the occurrence of those losses," saying it "did not overlook deposits of investors."

The announcement of these losses to falling bank shares in the Swiss stock exchange increased by 5.8% compared with yesterday's closing price index was also influenced by the Swiss stock market that registered a fall of half% half an hour after the start of trading.

Suffer from this bank's shares dropped continuously since the beginning of this year, the rate of about 29 percent of experts do not expect the bank to offset those losses easily where the percentage decline in its shares in the Swiss stock exchange 5.53% since the global financial crisis.

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