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Swiss newspaper Neue Zuercher Zeitung has reported that UBS is now aiming to appoint a new Group CEO ahead of its investor day on November 17th.

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Champagne trader gets 7 years

He used over £2 million of investors’ money to fund his lifestyle. He spent over £1 million in a casino, over £200,000 on designer watches and shoes, £60,000 on foreign travel, and over £600,000 in bars and nightclubs in London, Miami and New York.