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UBS trading scandal

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UBS fined £29.7m over rogue trader

UK regulator hands out the third-largest fine in its history, criticising bank’s control breakdowns and ‘poorly executed and ineffective supervision’

UBS seeks to draw line under scandal

The Swiss bank aims to move on as Kweku Adoboli is jailed for seven years for fraud after his unauthorised trading led to losses of $2.3bn

UBS faces Adoboli fine of up to £50m

UK’s Financial Services Authority and UBS are working out the details of a penalty that will probably range between £20m and £50m

Adoboli jailed for UK’s biggest bank fraud

UBS trader has been found guilty of two counts of fraud by abuse of position but acquitted him on four counts of false accounting

Failings return to haunt UBS

The trial against an ex-trader who went from describing UBS as his ‘family’ to calling it a hostile ‘machine’ has cast a negative light on the bank’s risk controls

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Comment and analysis

Adoboli should not take all the blame

To me, the former UBS employee comes across as a decent, hard-working person, little different from any of his colleagues, writes Lex van Dam

Rise and fall of Adoboli the ‘family’ man

Ex-UBS banker managed to get away with deception at UBS for three years as he used his knowledge of the back office to sidestep compliance controls

Culture and criminality spawn rogue traders

What was extraordinary about the UBS case was the scale on which a flawed organisation allowed Kweku Adoboli to express his dishonesty

UBS readies itself for Adoboli trial

The Swiss bank’s troubled past, culture and practices will be in the spotlight when the case against former trader Kweku Adoboli begins

Adoboli trial risks getting under UBS’s skin

The overhang of Kweku Adoboli’s trial threatens to distract executives from a restructuring strategy while damaging staff morale, analysts say

UBS: leadership at last

Lex

New CEO must bring radical change to the Swiss bank that has been crying out for leadership and structural change

UBS: hardly reassuring

Swiss bank will need to pull out bigger rabbits to justify its premium of 13 per cent to rival Credit Suisse

Banking: Lightning strikes twice

Bold strategies adopted by some lenders hit hard in the financial crisis may have risked their corporate cultures, write Megan Murphy and Haig Simonian

More stories

Adoboli jury told to set aside prejudices

Adoboli wishes he had asked for help

Adoboli accused of ‘playing god’ at UBS

Adoboli tells court of market pressures

Adoboli regrets trading strategy change

Tearful UBS trader rejects charges

UBS alerted staff to SocGen losses

Adoboli defence cites other bad trades

UBS tells court trading losses led to cuts

Jury hears of trader’s ‘fictitious’ moves

Adoboli trial hears ‘slush fund’ messages

Junior trader denies Adoboli fund role

Private trading common at UBS, court told

Adoboli  jury hears chats with colleague

Adoboli colleague denies using ‘umbrella’

UBS worker did not report ‘umbrella’

UBS UK desk ‘less risk averse’ than US

UBS ‘failed to question risk limit breach’

Adoboli manager’s ‘disbelief’ over email

Adoboli trades were queried by UBS accountant