Rogue trading questions remain, says US head of op risk at Mitsubishi UFJ Securities


In November 2012, Kweku Adoboli, formerly of UBS, was sentenced to seven years in prison for fraud while working as a trader at the Swiss bank.

Only two years previously, Jérôme Kerviel, who worked for Société Générale, was handed down a five-year prison sentence and ordered to repay the $6.7 billion he lost the French bank.

With such huge losses being brought to light in such quick succession, operational risk managers need to ask themselves what makes a trader go rogue and why financial

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