The Ripple Effects of Unauthorized Trading at UBS

He was a promising young trader and Kweku Adoboli seemed destined for greatness in the world of finance. A rising star at Swiss bank UBS, his future was limitless. But in September 2011, the world would learn his name for a far darker reason. In a bombshell email, Adoboli confessed to something almost unimaginable: gambling away £1.4 billion of his employer’s money in a series of unauthorized trades that would become one of the biggest losses in financial history.

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https://www.uktruecrime.com/2025/02/17/an-out-of-control-city-trader/

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