Yassine Bouhara

• UBS Sees Leaders Exit, Expects Profit

  By Janet Levaux, AdvisorOne  |  October 26, 2011

  UBS said in early October that the co-heads of its global-equities unit resigned in response to the unauthorized trading that caused a $2.3 billion loss at the bank in mid-September. A former Bank of America-Merrill Lynch executive is now the sole leader of the unit. These shifts come on the...

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  UBS to Trim, Not Sell, Investment Bank, Report Says

  By Janet Levaux, AdvisorOne  |  October 20, 2011

  As further details emerge regarding its recent $2.3 billion trading loss, UBS interim CEO Sergio Ermotti has decided against spinning off or selling the investment bank and, instead, plans to reduce its size, especially in its fixed-income work.

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  Co-Heads of UBS Equities Unit Resign; Former Merrill Exec Takes Over

  By Janet Levaux, AdvisorOne  |  October 5, 2011

  The arrest of UBS trader Kweku Adoboli last month has led to the resignations of Francois Gouws and Yassine Bouhara; Mike Stewart assumes leadership role for UBS equities.