UBS Fined $47.6M, Faces Higher Capital Level

UBS AG was fined 29.7 million pounds ($47.6 million) by the U.K. and told by the Swiss that it may have to increase capital levels for operational risks as regulators levied penalties in response to Kweku Adoboli’s $2.3 billion trading loss.

Has Monetary Policy Reached Its Limit in Japan?
43:10 - Michael Every, head of financial markets research for Asia at Rabobank, discusses the Bank of Japan's policy moves, why they're not working and what he says needs to happen. He speaks to Bloomberg's Rishaad Salamat on "Asia Edge." (Source: Bloomberg)
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