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Kweku Adoboli (born 21 May 1980) is a Ghanaian investment manager and former stock trader. He was convicted of illegally trading away US$2 billion (£1.3 billion GBP ) as a trader for Swiss investment bank UBS .
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. [1] [2]
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. ...
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 ...
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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 ...
List of South Asian people by net worth. 1 language. ... (India, Pakistan, Bangladesh, Sri Lanka, Nepal, Bhutan) based on the 2024 Forbes Billionaires List. 2024