UBS grants ‘goodwill payments’ to clients hit by Trump trading losses

Moneycab

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UBS remains under pressure due to the high losses of wealthy Swiss customers with risky dollar derivatives.

finews.ch

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The case of complex currency instruments, with which a number of UBS customers have suffered high losses, is drawing further circles. Some have now been refunded on a "currency basis".

Inside Paradeplatz

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According to the Financial Times, Bank paid 100 "Goodwill payments" to victims, and hundreds more are waiting for money. Whose head is rolling? The UBS chiefs are trying with initial compensation to get the scandal of explosive dollar-strukis under control. According to the Financial Times, the big bank has "about 100 "goodwill payments" to Swiss customers [...]