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    1. June 4, 2014

      Judges refuse ex-UBS trader Kweku Adoboli’s appeal request

      Kweku Adoboli, the ex-UBS trader whose unauthorised trading led to losses of $2.3bn at the Swiss bank, has failed in his...

    2. May 1, 2014

      FCA bans former UBS trader over Adoboli loss

      The UK regulator has banned a former co-worker of UBS rogue trader Kweku Adoboli from working in the financial services...

    Special Reports

    1. FT Wealth

      May 2012: Alternative Investments Spring 2012 ...
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    1. April 29, 2013

      Control: Tighter rules fall short of halting rogue traders’ pursuit of profit

      As Kweku Adoboli was sentenced to seven years last year after being found guilty of Britain’s biggest banking fraud, the...

    2. March 13, 2013

      Citigroup risk chief at odds with dealers

      Citigroup’s head of risk has put himself at odds with Wall Street dealers after calling for derivatives to move to exchange...

    3. March 1, 2013

      Adoboli appeals on fraud conviction

      Kweku Adoboli, the former UBS trader whose unauthorised trading led to losses of $2.3bn at the Swiss bank, has requested an...

    4. February 27, 2013

      Goldman electronic trade head to join Getco

      Greg Tusar, head of electronic trading at Goldman Sachs, will become the latest banker to leave a big investment bank and...

    5. February 21, 2013

      Ex-UBS Adoboli supervisor goes to Getco

      The banker who once supervised Kweku Adoboli, the rogue trader who cost UBS $2.3bn, is in line to become the head of global...

    6. February 5, 2013

      UBS: cracking the egg

      Like the curate’s egg, UBS’s 2012 results were good in parts. However, they were not the right parts. The bank has won...

    7. February 1, 2013

      The risk addicts

      On any night of the week in London, if you go to a Gamblers Anonymous meeting, you will find a City banker turning up in...

    8. January 2, 2013

      FSA metes out record £312m in fines

      A record £312m in fines was handed down by the Financial Services Authority in 2012 as the City watchdog made good on...

    9. December 19, 2012

      UBS never took enough interest in its risks

      “If you see a Swiss banker jumping out of a window, follow him. There is sure to be a profit in it,” Voltaire is once said...

    10. December 19, 2012

      UBS pays price for ‘epic’ Libor scandal

      UBS agreed to pay a record SFr1.4bn ($1.5bn) to US, UK and Swiss regulators to settle allegations of “pervasive” and “epic”...

    11. December 3, 2012

      Operational crises cause most damage

      Rogue employees may cause companies’ share prices to dip sharply in the short term but it is the slow-drip of bad news...

    12. November 30, 2012

      Letter from Lex – perfect pairs

      An old journalist adage has it that two is news and three is a trend. This was a week of twos. The US began with an online...

    13. November 26, 2012

      Better a Canadian than Buggins at BoE

      Nice to be wrong. George Osborne has recruited Canadian Mark Carney as next governor of the Bank of England. That leaves...

    14. FT Alphaville

      November 26, 2012

      The (early) Lunch Wrap

      Good morning New York FT ALPHAVILLE Catalans like independence: Catalonia’s regional election on Sunday delivered a big...

    15. FT Alphaville

      November 26, 2012

      UBS fined £29.7m for significant failings in Adoboli case

      Definitely a turn-around for the books in the Kweku Adoboli case. From the FSA on Monday, emphasis FT Alphaville’s (and the...

    16. November 26, 2012

      UBS fined £29.7m over rogue trader

      A UK watchdog has fined UBS £29.7m for “significant control breakdowns” that allowed a rogue trader to lose $2.3bn at the...

    17. November 23, 2012

      Even now, bankers’ greed can still shock

      If we thought that by now we pretty much knew how bankers behave, the trial of Kweku Adoboli opened another shocking window...

    18. November 23, 2012

      UBS seeks to draw line under scandal

      UBS is attempting to draw a line under a rogue trading scandal after one of its former traders was convicted of Britain’s...

    19. November 22, 2012

      Adoboli should not take all the blame

      One of my former bosses at Goldman Sachs used to tell me that trading was not the smartest way to build a career in finance....

    20. November 22, 2012

      UBS faces Adoboli fine of up to £50m

      UBS will have to pay one of the largest fines ever imposed by the UK’s financial regulator for management failures that led...

    21. FT Alphaville

      November 20, 2012

      "Hi, Kweku, we need to clarify these exposures"

      The following is a transcript of Kweku Adoboli’s last recorded phone call at UBS with members of the bank’s back office...

    22. FT Alphaville

      November 20, 2012

      Adoboli, more Del Boy than Lex Luthor

      The great UBS vs Kweku Adoboli trial has finally come to an end. The verdict: Adoboli was sentenced to seven years for fraud...

    23. November 20, 2012

      Failings return to haunt UBS

      Kweku Adoboli still has one thing in common with the bank on which he inflicted a $2.3bn trading loss through “reckless...

    24. November 20, 2012

      Culture and criminality spawn rogue traders

      Liberals stereotypically believe criminals are victims of their circumstances; reactionaries, that they give in to bad...

    25. November 20, 2012

      Rise and fall of Adoboli the ‘family’ man

      Almost five years ago, a friend of Kweku Adoboli sent him an email about Jérôme Kerviel, the rogue trader who had just lost...

    26. November 20, 2012

      Timeline: Kweku Adoboli

      Kweku Adoboli, the former UBS trader, has been convicted of fraud at Southwark Crown Court. His unauthorised trading at the...

    27. November 20, 2012

      Adoboli jailed for UK’s biggest bank fraud

      Kweku Adoboli, the former UBS trader whose unauthorised trading led to losses of $2.3bn at the Swiss bank, has been jailed...

    28. November 12, 2012

      Adoboli jury told to set aside prejudices

      The judge in the trial of Kweku Adoboli, the former UBS trader accused of unauthorised trading that led to $2.3bn of losses...

    29. November 2, 2012

      Adoboli wishes he had asked for help

      Kweku Adoboli, the former UBS trader accused of unauthorised trading that led to $2.3bn of losses, has told a London court...

    30. November 2, 2012

      UBS cull sits uneasily with caring words

      This is not the way to do it. On Tuesday some UBS employees turning up for work at the bank’s London offices in Finsbury...

    31. October 31, 2012

      Adoboli accused of ‘playing god’ at UBS

      Kweku Adoboli, the former UBS trader alleged to have conducted unauthorised trading that led to $2.3bn of losses, was...

    32. October 30, 2012

      Adoboli tells court of market pressures

      Kweku Adoboli, who is accused of unauthorised trading which led to losses of $2.3bn at UBS told a jury that he was...

    33. October 29, 2012

      Adoboli regrets trading strategy change

      Kweku Adoboli, the alleged rogue trader, told a London court that he had felt under pressure to change the direction of his...

    34. October 26, 2012

      Tearful UBS trader rejects charges

      Kweku Adoboli repeatedly broke down in tears as he began his defence against claims he engaged in unauthorised trading that...

    35. FT Alphaville

      October 24, 2012

      Jerome Kerviel loses appeal, heads to prison

      Former SocGen trader, Jerome Kerviel, has been handed a five year prison sentence (with two years suspended) at the end of...

    36. October 23, 2012

      UBS alerted staff to SocGen losses

      UBS sent two emails to Kweku Adoboli and the whole of its investment bank alerting them to the losses caused by rogue trader...

    37. October 18, 2012

      Adoboli defence cites other bad trades

      UBS discovered three other unauthorised trading incidents unrelated to the $2.3bn losses that were alleged to have been...

    38. October 15, 2012

      UBS tells court trading losses led to cuts

      UBS cut more than 500 jobs and slashed the bonus pool at its investment bank by about 60 per cent partly as a result of the...

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