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Ubs Rogue Trader

Hey, Don't Blame Us

Reuters | Posted 02.13.2014 | Business

By Jonathan Stempel NEW YORK, Dec 13 (Reuters) - U.S. securities laws have their limits and do not justify making UBS AG liable to sha...

The Super-Rich Are Panicking Over The Fiscal Cliff

The Huffington Post | Jillian Berman | Posted 11.20.2012 | Business

Now Arriving By Email: If you'd like this newsletter delivered daily to your email inbox, then please just feed your email address to the thin box ove...

'Rogue Trader' Found Guilty Of Fraud

Reuters | Posted 01.20.2013 | Business

* Adoboli convicted of fraud, acquitted of false accounting * Case is biggest fraud in British history * Ex-trader likel...

'As Long As He Generated Profits They Were Happy, And When It Finished In The End In Catastrophe They Put Him In Prison'

Reuters | Posted 12.31.2012 | Business

(Recasts with end of Wednesday's hearing) * Everything was to generate profits, Adoboli says * Trader is blamed for loss...

'Rogue Trader' Colleague Admits He Was Cooking The Books

Reuters | Posted 11.27.2012 | Business

LONDON, Sept 27 (Reuters) - A former UBS trader who worked closely with accused fraudster Kweku Adoboli told a London court on Thursday he had manip...

'Rogue' Trader Allegedly Caused 'Chaos And Disaster To Himself And To All Those Around Him'

Reuters | Posted 11.14.2012 | Business

By Estelle Shirbon and Michael Holden LONDON, Sept 14 (Reuters) - "Naked gambling" by UBS trader Kweku Adoboli nearly brought down th...

JPMorgan Whale Fail And Nine Other Big Bank Disasters

Posted 05.11.2012 | Business

Officials at JPMorgan Chase announced Thursday that the bank lost billions of dollars on "egregious" credit trades gone wrong. But the bank was ce...

Suspected Rogue Trader's Family: 'Fraud Not Our Way Of Life'

Posted 11.15.2011 | Business

ACCRA (Reuters) - The father of a trader accused of losing Swiss banking giant UBS about $2 billion in unauthorized deals said on Thursday he was hear...