UBS orders bankers to scale back sale of complex currency products, FT reports-March 2024-www.financetom.com

UBS orders bankers to scale back sale of complex currency products, FT reports

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UBS orders bankers to scale back sale of complex currency products, FT reports

Jul 28, 2025 9:19 PM

July 29 (Reuters) - UBS has ordered bankers to

scale back sales of complex currency derivatives after its

clients suffered heavy losses due to U.S. President Donald

Trump's "Liberation day" tariff announcements, the Financial

Times reported on Tuesday.

Reuters could not immediately verify the report.

UBS did not immediately respond to a request for comment.

(Reporting by Yazhini MV in Bengaluru; Editing by Mrigank

Dhaniwala)

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