Search results
Results From The WOW.Com Content Network
Kweku Adoboli, a former UBS trader jailed for Britain's biggest fraud over unauthorised trades that cost the Swiss bank $2.3 billion (1.7 billion pounds), has been deported to Ghana, his spokesman ...
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.
That employee, Kweku Adoboli, was recently found guilty of fraud and sentenced to seven years in prison. UBS says Adoboli's unauthorized actions in 2011 led to $2.3 billion in losses.
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. ...
The first project in development is a TV drama series based on the true story of Kweku Adoboli, the Ghana-born former investment banker Afua Hirsch’s First Look Deal With Fremantle, De Maio ...
These include appearances on BBC Business News and BBC World Service [105] and the BBC's Charity Fraud Cheats [106] and Rip Off Britain series, including a case in which one presenter, Gloria Hunniford was herself the victim of fraud when a criminal impersonated her and stole £120,000 from her Santander Bank account. [107] [108] [109]
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 ...