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UK Financial Services Authority: UBS fined GBP9.45 mln for failings in its sale of an AIG fund

( February 12, 2013, 12:05 GMT | Official Statement) -- MLex Summary: The Financial Services Authority has fined UBS for failures in the sale of the AIG Enhanced Variable Rate Fund, which put customers at risk of buying unsuitable products. The bank also failed to deal properly with complaints from customers in this matter, the UK regulator said.The full press release follows:...

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