Question

    Which bank wins the right to repossess and sell the

    businessman Vijaya Mallya luxurious house in London?
    A Credit Suisse Correct Answer Incorrect Answer
    B Zurich Cantonal Bank Correct Answer Incorrect Answer
    C Julius Baer Correct Answer Incorrect Answer
    D Migros Bank AG Correct Answer Incorrect Answer
    E UBS Bank Correct Answer Incorrect Answer

    Solution

    United Kingdom's court has ordered fugitive businessman Vijay Mallya, along with his entire family to be evicted from his London home after UBS bank wins the right to repossess and sell the businessman's luxury home in London. He is supposed to refund a 20.4-million pounds which is about Rs 185.4 crore loan to UBS(Union Bank of Switzerland).

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