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May 23, 2012

Former UBS trader Kweku Adoboli accused of unauthorised trading that cost the Swiss bank $2.3 billion (£1.5 billion) was due to enter a plea for the first time on Tuesday.

In a case that led to the resignation of UBS's chief executive, Adoboli 31, who worked as a director of exchange traded funds, has been charged with two counts of fraud and two of false accounting and will appear at Southwark Crown Court at 2:00 p.m.

UBS said it had uncovered rogue trades that took place between October 2008 and December 2010.

Visibility: Everyone
Posted: Wednesday May 23, 2012, 5:26 pm
Tags: bark london the of and fraud to led chief case fred & co jones resignation executive giles solicitors bunn ubss [add/edit tags]

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Gregorio G.
male, age 22,
Singapore
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\nBark & Co has developed a formidable reputation in the area of serious crime. Over the past few years, criminal work has expanded and diversified, whilst remaining at the top end in terms of quality and complexity. Current cases range from comple...
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\nKweku Adoboli has given no indication how he will plead against charges he gambled away huge sums while working at UBS\r\nA trader accused of gambling away a record £1.4bn will enter a plea in court on Monday.\r\nKweku Adoboli, 31, from east London...
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\nWatertours of Hong Kong Ltd, a subsidiary of Wing On Travel, is a fully licensed cruise company operating sightseeing cruises in the Harbour and to the exotic outer islands of Hong Kong by motorised Chinese-style sightseeing vessels.\r\nBeing establish...


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