Adoboli given extra month to respond to 'rogue trading' charges


Ex-UBS trader Kweku Adoboli, charged with losing £1.3 billion of the Swiss bank's money through fraud and false accounting, has been granted a four-week adjournment to enter his plea.

Adoboli's plea hearing was initially set for 10am on November 22 at Southwark Crown Court, but the judge ruled that he can enter his plea on December 20, so that his legal advisers "can look at the material they have had, and have not had".

His lawyer had opened proceedings by requesting the extra time so that his

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Investment banks: the future of risk control

This survey report explores the current state of risk controls in investment banks, the challenges of effective engagement across the three lines of defence, and the opportunity to develop a more dynamic approach to first-line risk control

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