UPDATE 1-UBS rogue trade deals blow to new risk boss
Posted on September 15, 2011 at 12:51 PM EDT
LONDON, Sept 15 (Reuters) - A $2 billion rogue trading hit at UBS deals a savage blow to its new chief risk officer, previously head of risk at Lehman Brothers, and undermines claims by the Swiss bank and the industry that such events are a thing of the past.