UBS wealth manager who rode the Trojan horse around Indian laws

Yet another case of wealth managers of UBS, the Swiss banking major, enabling a wealthy Indian client to invest in Indian equities violating domestic and Indian securities market regulations has come to light. Mr Jaspreet Ahuja, a former senior client adviser at UBS' wealth management division in London, has been fined £150,000 and handed out a lifetime ban by the UK's Financial Services Authority (FSA) for breaching its code.

Read Full Story>>