Search results
Results From The WOW.Com Content Network
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.
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. ...
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, 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 ...
Main page; Contents; Current events; Random article; About Wikipedia; Contact us
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 ...
UBS trader Kweku Adoboli lost $2.3 billion of the bank's money and was convicted for his actions. [3] [4] Armin S, a German private trader, sued BNP Paribas for 152m EUR because they sold to him structured products for 108 EUR each which were worth 54 00 EUR. [5]