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Kweku Adoboli

Kweku Adoboli

Financial Markets

UBS Rogue Trader Appeals 7-Year Sentence

Convicted UBS trader Kweku Adoboli asked a British appeals court to overturn his seven-year prison sentence for causing a $2.3bn loss through unauthorized trades.

Pot Of Gold

Financial Markets

UK's Top Bankers Earned £1m Each in 2011

The top 1,500 bank staff in the UK earned an average of £1m each in 2011, according to new regulatory filings by major banking employers.

Phone Header

Financial Markets

The Urgent Phone Message That Began One Of The Biggest Bank Scandals Ever

And impacted the lives of hundreds, if not thousands, of people.

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Kweku Claus

Financial Markets

UBS Rogue Trader Not Pressured By Firm

Rogue trader Kweku Adoboli was not put under too much pressure to deliver profits, his former manager at UBS has told the BBC.

Kweku Adoboli

Financial Markets

Adoboli’s Ex-Manager Sues UBS Claiming Firing Was Race Bias

Ronald Greenidge, the former UBS Managing Director fired for gross misconduct in his supervision of convicted trader Kweku Adoboli, has sued the bank claiming it treated him more harshly than others because he’s black.

Kweku Claus

Financial Markets

Surely NOT The UBS Corporate Christmas Card ?

Ho-ho-ho!

Kweku Adoboli

Financial Markets

UBS Guilty of Almighty Failure of Control Over Rogue Trader Kweku Adoboli

Only an almighty failure of control at UBS could have allowed Kweku Adoboli to lose $2.3bn (£1.4bn) via rogue trading and, sure enough, the details within the Financial Services Authority's report are damning.

Kweku Adoboli

Financial Markets

UBS May Have To Boost Capital After Adoboli, Qatar Disposes of Barclays Warrants

UBS was fined $47.6m by the U.K. and told by the Swiss that it may have to increase capital levels for operational risks as regulators levied penalties in response to Kweku Adoboli’s $2.3bn trading loss.

UBS Fractured

Financial Markets

UBS Fined Over 'Serious Weaknesses' / 'Systems and Controls Failings'

We all knew it was coming.

UBS Fractured

Financial Markets

UBS Rogue Trader Says Losing Money Can Make You Better

Kweku Adoboli, the former UBS trader jailed over losing $2.3bn, said financial leaders including JPMorgan Chase CEO Jamie Dimon and former Barclays CEO Bob Diamond were better at making money because of risks taken earlier in their careers.

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