Trader pleads not guilty in UBS fraud case
Kweku Adoboli, former trader at UBS, denies four counts of fraud in case which cost Swiss bank $2.3bn.
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UBS "rogue trader" put bank's survival at risk, court told
LONDON - "Naked gambling" by UBS trader Kweku Adoboli nearly brought down the massive Swiss bank as he wagered up to $12 billion, cooked the books and lied to bosses until his "pyramid of fraud" collapsed, a prosecutor told a London court on Friday.
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Found more than 1 month ago on channel
Reuters
Ex-UBS rogue trader Adoboli requests appeal against conviction
LONDON - Kweku Adoboli, a former trader at UBS's London office who is serving a seven-year jail sentence for a multi-billion-dollar fraud, has applied for an appeal, a court official said on Friday.
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Found more than 1 month ago on channel
Reuters
UK body fines UBS $47.6m over trader fraud
UBS punished for failings which led to rogue banker Kweku Adoboli losing more than $2bn of the lenders' money.
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Ex-UBS trader Adoboli convicted of $2.3 billion fraud
LONDON - Former UBS trader Kweku Adoboli was convicted on Tuesday of one count of fraud related to a loss of $2.3 billion.
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Found more than 1 month ago on channel
Reuters