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1 result for “geographic fragmentation” by Gillian Tett
...you had geographical splits in UBS between the New York desk and the Zurich desk and London desk. You had this completely fragmented system, and the new products fell to the cracks. And UBS ended up running enormous risks that almost blew up even tho
32:15 / 33:18
from transcript32:15 – 33:18
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