(Reuters) - UBS (UBSN.VX) chief executive Oswald Gruebel said he has the support of his board despite the rogue trading scandal that cost the Swiss bank $2.3 billion and prompted calls for tougher regulation of risky investment bank practices.
Arriving in Singapore for meetings with the bank's management and board, Gruebel laughed when asked by Reuters at his hotel on Wednesday if he still had the board's backing and said, "Yes. Always." Full story
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