Ubs trader billion
15 Sep 2011 The news that a “rogue trader” (I hate that term – more on that in a moment) has soaked the Swiss banking giant UBS for $2 billion has rocked 22 Sep 2011 LONDON — UBS trader Kweku Adoboli, accused over the Swiss banking giant's $2.3 billion losses from unauthorized trades, was “sorry 12 Nov 2014 Citibank, HSBC, JPMorgan, RBS, and UBS Coordinated Trading with Other Banks in Private Chat Rooms in Their Attempts to Manipulate. 18 Sep 2011 New disclosures on UBS's $2.3 billion loss adds to doubts about the quality of Swiss bank's risk management controls and practices. 10 Sep 2012 The former UBS trader who allegedly lost $2.3 billion (SFr2.2 billion) on unauthorised trades appeared in a London court in a prelude of a trial .
15 Sep 2011 UBS said on Thursday that a rogue trader in its investment bank had lost $2 billion, delivering a fresh blow to the beleaguered Swiss bank.
UBS AG said a rogue trader racked up as much as $2 billion in losses using the firm's own money, a dramatic admission that raised new questions about the ability of one of the world's largest banks to manage risk and global regulators' ability to monitor it. The losses stemmed from unauthorized derivatives-trading bets, Former UBS Group AG trader, Kweku Adoboli, fought to avoid deportation from the U.K. to the nation of his birth after his conviction for a $2.3 billion loss at the Swiss bank. Former UBS Group AG trader Kweku Adoboli fought to avoid deportation from the U.K. to the nation of his birth after his conviction for a $2.3 billion loss at the Swiss bank. 'Rogue trader': Former UBS banker Kweku Adoboli allegedly lost his bank £1.4 billion in Britain's biggest banking fraud. A city trader who thought he had ‘the magic touch’ gambled away £1.4billion in Britain’s biggest banking fraud, a court heard.
15 Sep 2011 Rogue ETF trader at UBS makes $2 billion go up in smoke, wiping out the bank's cost-cutting plan.
15 Sep 2011 A rogue trader for the Swiss bank UBS was arrested in London on Thursday, accused of $2 billion in unauthorized trades. 14 Sep 2012 Kweku Adoboli, 32, is accused of gambling away £1.4 billion while working as a trader for UBS. At one point he was at risk of causing the bank 15 Sep 2011 Swiss banking giant UBS said Thursday that one of its traders lost an estimated $2 billion through unauthorized transactions, stunning a 15 Sep 2011 Swiss banking giant UBS said Thursday that a rogue trader has caused it an estimated loss of $2 billion, stunning a beleaguered banking 15 Sep 2011 (CNN) — A rogue trader has cost UBS an estimated $2 billion, the Swiss banking giant announced Thursday, revealing what could be the 26 Nov 2012 Indian outsourcing unit blamed for $2.3 billion loss by UBS trader. London: Key controls for "detection of suspicious trading activity" failed at an 16 Sep 2011 While Kweku Adoboli lost UBS $2 billion, he may have ensured a key British banking reform becomes reality.
6 Feb 2019 The bank's equity trading venue is staying in London, even as rivals accelerate plans to shift trading elsewhere in Europe. UBS is the latest bank
18 Sep 2011 New disclosures on UBS's $2.3 billion loss adds to doubts about the quality of Swiss bank's risk management controls and practices. 10 Sep 2012 The former UBS trader who allegedly lost $2.3 billion (SFr2.2 billion) on unauthorised trades appeared in a London court in a prelude of a trial . The 2011 UBS rogue trader scandal caused a loss of over US$2 billion at Swiss bank UBS, as a result of unauthorized trading performed by Kweku Adoboli, a director of the bank's Global Synthetic Equities Trading team in London in early September 2011. Former UBS Group AG trader Kweku Adoboli fought to avoid deportation from the U.K. to the nation of his birth after his conviction for a $2.3 billion loss at the Swiss bank. UBS trader Kweku Adoboli was jailed for seven years on Tuesday for the biggest fraud in British history, which cost the Swiss bank $2.3 billion. LONDON/ZURICH, Sept 16 (Reuters) - Swiss bank UBS said it had lost around $2 billion due to rogue dealing by a London-based trader at the Swiss bank and. City of London Police Commander Ian Dyson reads a statement outside Wood Street Police Station in London, September 15, 2011.
The 2011 UBS rogue trader scandal caused a loss of over US$2 billion at Swiss bank UBS, as a result of unauthorized trading performed by Kweku Adoboli, a director of the bank's Global Synthetic Equities Trading team in London in early September 2011.
24 Aug 2018 Kweku Adoboli, a former UBS Group AG trader jailed for causing a $2.3 billion loss to the bank, is set to be deported to his native Ghana, 15 Sep 2011 UBS trader Kweku Adoboli wept in a London court on Friday as he was charged with fraud and false accounting dating back to 2008, a day 3 Sep 2018 One person should not bear sole responsibility for a loss of US$2.3 billion at a global financial institution employing 65000 people.
24 Aug 2018 Kweku Adoboli, a former UBS Group AG trader jailed for causing a $2.3 billion loss to the bank, is set to be deported to his native Ghana, 15 Sep 2011 UBS trader Kweku Adoboli wept in a London court on Friday as he was charged with fraud and false accounting dating back to 2008, a day 3 Sep 2018 One person should not bear sole responsibility for a loss of US$2.3 billion at a global financial institution employing 65000 people. 15 Sep 2011 UBS said on Thursday that a rogue trader in its investment bank had lost $2 billion, delivering a fresh blow to the beleaguered Swiss bank.