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Kweku Adoboli was born on 21 May 1980 in Tema, Ghana, to John Adoboli, a senior United Nations official. [2] [3] He spent his early years in Israel, Syria and Iraq, [4] before moving to the United Kingdom in 1991. [5] He attended Ackworth School in Pontefract, West Yorkshire, where he was head boy. [4]
Kweku Adoboli illegally traded away over US$2 billion dollars at Swiss bank UBS.. The 2011 UBS rogue trader scandal caused a loss of over US$2 billion at Swiss bank UBS, as a result of unauthorized trading performed by Kweku Adoboli, a director of the bank's Global Synthetic Equities Trading team in London in early September 2011.
Swiss bank UBS (NYS: UBS) announced today, 14 months after the original incident became public, that a trader responsible for more than $2 billion in losses has been convicted on two counts of ...
Kweku Adoboli [11] London, United Kingdom [12] 2011 $2.3 billion UBS: S&P 500, DAX, and EuroStoxx Futures: 7 years prison 2011 UBS rogue trader scandal: Nick Leeson [10] United Kingdom 1995 $1.3 billion (£827 million) Barings Bank: Nikkei Index Futures: 6.5 years prison Toshihide Iguchi [10] Osaka, Japan / New York City, United States 1995 $1. ...
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Nick Leeson was born in Watford, Hertfordshire, to working-class parents on a council estate.His father was a self-employed plasterer, his mother a nurse. He attended Parmiter's School in nearby Garston.
Disasters and accidents Hurricane Sandy: The death toll in the U.S. attributed to Hurricane Sandy rises to at least 90, nearly half in New York City, as millions of people in the Northeastern United States continue to deal with power outages, gasoline shortages and sparse public transportation. (Wall Street Journal) (ABC News) (US News) Damage from the storm is estimated to reach US $50 ...
The UK's Metropolitan Police arrest trader Kweku Adoboli after Swiss bank UBS says it lost $2bn (£1.3bn) as a result of unauthorised trading by a member of staff. (BBC) The Supreme Court of the United States halts the execution of Duane Buck for double murder in Texas while it reviews his case that the sentence was unfair because of a question ...