UBS rogue-trading losses reopen old wounds


The news that a single rogue trader, named in the media as Kweku Adoboli, had lost UBS's investment bank an estimated $2 billion will call into question whether the bank has responded adequately to previous rogue-trading cases.

Adoboli, a director in the bank's European exchange-traded fund (ETF) and delta one trading team in London, was reportedly arrested today by London police on charges of fraud. In a brief statement, UBS said the loss was estimated at $2 billion and that the bank might now

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

If you already have an account, please sign in here.


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: