UBS Trader Charged With Fraud

16 Sep 2011

Kweku Adoboli, a senior trader in UBS global synthetic equities, allegedly responsible for bank losses totaling USD2 billion as a result of unauthorized trades, has been charged in the U.S. with fraud and false accounting.

Kweku Adoboli, a senior trader in UBS global synthetic equities, allegedly responsible for bank losses totaling USD2 billion as a result of unauthorized trades, has been charged in the U.S. with fraud and false accounting. The charges state that Adoboli, among other things, falsified “an exchange traded fund ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

Oops, something went wrong

We're sorry but at the moment we can't load this data