The Bank is being accused of selling a trading system called “V10 enhanced FX carry strategy” which has caused huge losses to a client, Walter Michaelson leading to UBS facing new lawsuit.
The ongoing DBS lawsuit was brought forward by Ms Florence, who lost about US$6 million (S$8.4 million) in FX trades. She attributed her losses to some ....
The recent Bank of America lawsuit states that the Bank was allegedly misleading trading partners and mistreating a female employee, who was underpaid.