"I would love to tell you it won't happen again, but I can't tell you it won't happen again," Andrea Orcel said.
(Reporting by Carmel Crimmins; Editing by Greg Mahlich)
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LONDON (Reuters) - The head of UBS's investment bank told a UK parliamentary committee on Wednesday that the bank was still at risk of future scandals despite the changes it has implemented in the aftermath of the Libor rate-rigging controversy.
"I would love to tell you it won't happen again, but I can't tell you it won't happen again," Andrea Orcel said.
(Reporting by Carmel Crimmins; Editing by Greg Mahlich)
1st Jan change | Capi. | |
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+5.60% | 159B | |
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