Ex-UBS bosses repay millions to troubled Swiss bank

Former executives who oversaw massive losses at Swiss banking giant UBS will repay a further 22 million francs (€14.7m), chairman Peter Kurer said.

Ex-UBS bosses repay millions to troubled Swiss bank
Fri, 28 Nov, 2008 - 08:24

Former executives who oversaw massive losses at Swiss banking giant UBS will repay a further 22 million francs (€14.7m), chairman Peter Kurer said.

The repayments by the unidentified individuals bring to nearly €47m the amount of money handed back to the bank by former executives over the past year.

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