UBS Bankers Said to Golf in Pebble Beach After Trading Loss

UBS Bankers Said to Golf in Pebble Beach After Trading Loss

Ezra Shaw/Getty Images

“The 2011 Invitational is a long-standing tradition at UBS where clients of our investment-banking practice have an opportunity to confer with one another and their advisers in a relaxed and informal setting,” Peter McKillop, a bank spokesman, said in an e-mailed statement.