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Former UBS Adviser Fined & Banned

FSA Logo

UK market regulator The Financial Services Authority (FSA) has banned and fined Jaspreet Singh Ahuja, a former client adviser at UBS AG (UBS), £150,000 for failing to act with integrity, in breach of Principle 1 of its Statements of Principles and Code of Conduct for Approved Persons ('APER'), and for not being a fit and proper person.

Jon Corzine Quotes Of The Week

Jon Corzine

Here's a couple of Jon Corzine quotes from the MF Global House Financial Services Subcommittee Hearing Thursday, which just about sums up what went down.



Five Euro Note

Euro slides on eve of ECB stimulus programme

The pound has hit a seven-year high against the euro, bringing cheer for British holidaymakers but underscoring fears about the fragile European single currency as markets prepare for a flood of emergency electronic cash.