In the meantime, Reuters reports that a UBS analyst who queried deals booked by accused fraudster Kweku Adoboli thought his trading desk was 'very messy' but did not suspect anything illegal, a London court also heard on Monday.
Henry Chu, who repeatedly chased Adoboli in the summer of 2011 over problems with his bookings, said the first he knew of any fake trades was when Adoboli's arrest was on the news in September 2011.
'I had no clue at all. I didn't know anything about the fake trades until everything was on the news', he said.
Adoboli is on trial at Southwark Crown Court accused of fraud and false accounting that cost UBS $2.3bn. He has pleaded not guilty.
The trial continues.
Adoboli Talked Slush Fund at UBS in Chats, Records Show
Accused UBS "rogue trader" was chased over problem trades
image: © bloomsberries



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