The Swiss bank faces client compensation claims over losses in complex FX derivatives.

The Swiss Association for the Protection of Investors (Schweizerischer Anlegerschutzverein, SASV) will support affected parties that have incurred in losses from so-called Range Target Profit Forwards ( RTPF) products sold by UBS with possible legal action also under consideration. RTPFs are structured currency-linked derivatives in which regular payments are made if a certain exchange rate remains within a predefined range. If the range is exceeded or undershot at any time during the investmen