Losses & lawsuits
Kweku Adoboli's fraudulent activity at UBS, which caused a loss of $2.3 billion, went undetected because of serious weaknesses in systems and controls. UBS says it has remedied the faults, but can the...
Verdict in trial of Kweku Adoboli may lead to litigation against UBS, legal expert warns
Bank accused of failing to provide necessary evidence
Banks are increasingly using their IT infrastructure to increase their competitive advantage. Learn how this can work in practice.
More Losses & lawsuits articles
City of London Police investigating blocked trade
Appeal court overturns conviction for code theft
The FSA announces commencement of its formal investigation that could see UBS 'get slammed', according to one legal expert
'Not guilty' plea could be stalling tactic or attempt to spread guilt, lawyers say
SEC charges another Madoff executive for his role in the multi-billion dollar Ponzi scheme
Ex-UBS trader Adoboli's plea hearing has been adjourned until December
Two hedge fund managers have been charged by the SEC with facilitating a multi-billion dollar Ponzi scheme
This handy guide reviews the various steps banks are taking to improve their risk management techniques, looking at the benefits and pitfalls of each one.
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