Financial Industry, Trader | featured news

Ex-UBS trader Adoboli convicted of $2.3 billion fraud

Kweku Adoboli

Former UBS trader Kweku Adoboli was convicted on Tuesday of one count of fraud related to a loss of $2.3 billion.

 

Britain to Tape Traders’ Cell Phones to Fight Fraud

New rules would oblige financial services firms to record relevant employee communications made on their work cell phones.

 

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