UBS is fined £9.45M by the U.K.s FSA over failures in the sale to clients of the AIG Enhanced...

|About: UBS Group AG (UBS)|By:, SA News Editor
UBS is fined £9.45M by the U.K.s FSA over failures in the sale to clients of the AIG Enhanced Variable Return Fund. These failures, says the FSA, exposed customers to unacceptable risk, and further, UBS failed to deal properly with complaints following the sales.