Headquartered in Zurich and Basel, UBS is a global firm providing financial services to private, corporate and institutional clients.

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Great trading bloopers of our time

Here's a quick look at some of the trading disasters which have occurred in recent years. Note that these are genuine foul-ups (or 'fat-fingered' trades), and not losses down to rogue traders.

The Famous Bear Stearns 'Paper Clip' Memo

Alan (Ace) Greenberg was the CEO of Bear Stearns between 1978 and 1993 and, during that time, wrote a series of humorous memos to his staff to underline the importance of certain critical business tenets.

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