Kweku Adoboli

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3d
Financial Planning.com
UBS, Favored by Bank Investors, Hits Snag in Wealth Expansionmuch more optimistic.” When Ermotti took over in late 2011, UBS was reeling fr
UBS, Favored by Bank Investors, Hits Snag in Wealth Expansion
Financial Planning.com / Posted 3 days ago
much more optimistic.” When Ermotti took over in late 2011, UBS was reeling from $2.3 billion in losses by rogue trader Kweku Adoboli - this after a 2008 bailout during the subprime mortgage meltdown. In late 2012, the CEO announced an overhaul... Read more
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4d
Newsmax
Credit Suisse Said to Study Novel Bond Sale to Offload RiskUBS Group AG, Switzerland’s largest lender and Credit Suisse’s competitor, lost
Credit Suisse Said to Study Novel Bond Sale to Offload Risk
Newsmax / Posted 4 days ago
UBS Group AG, Switzerland’s largest lender and Credit Suisse’s competitor, lost $2.3 billion on unauthorized trading by Kweku Adoboli in 2011. Bruno Iksil, the former trader known as the London Whale, lost at least $6.2 billion for JPMorgan... Read more
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6d
Swissinfo
Would You Bet Credit Suisse Won't Trip Up Before 2021?: Gadflyare not unique events: Think JPMorgan's $6 billion loss from the "London Whale,
Would You Bet Credit Suisse Won't Trip Up Before 2021?: Gadfly
Swissinfo / Posted 6 days ago
are not unique events: Think JPMorgan's $6 billion loss from the "London Whale," UBS's $2.3 billion hit from trader Kweku Adoboli, Lloyds' 16 billion-pound bill for payment-protection insurance. Cybercrime alone already costs the global... Read more
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7d
Swissinfo
Credit Suisse Said to Study Novel Bond Sale to Offload Bank RiskUBS Group AG, Switzerland’s largest lender and Credit Suisse’s competitor, lost
Credit Suisse Said to Study Novel Bond Sale to Offload Bank Risk
Swissinfo / Posted 7 days ago
UBS Group AG, Switzerland’s largest lender and Credit Suisse’s competitor, lost $2.3 billion on unauthorized trading by Kweku Adoboli in 2011. Bruno Iksil, the former trader known as the London Whale, lost at least $6.2 billion for JPMorgan... Read more
4 related stories

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