UBS in-houser quits over securities investigation - Training contract, trainee solicitor and law student information and resources

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UBS in-houser quits over securities investigation

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5th August 2008, 11:30

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UBS in-houser quits over securities investigation

UBS investment banking general counsel David Aufhuaser has resigned from his post following allegations of involvement in the bank’s alleged sale of auction-rate securities (ARS) based on inside market knowledge. The Swiss bank is currently being investigated by New York attorney general Andrew Cuomo as part of a wider probe into securities on Wall Street.

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