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    1. January 15, 2014

      Nick Leeson warns that banks are still under threat from rogue trading

      Nick Leeson makes an audience of finance professionals smile by telling them his mother would have liked him to have gone...

    2. 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...

    1. 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...

    2. March 11, 2012

      ‘No one wants to take responsibility’

      Baring Asset Management should be in party mood. The last remaining vestige of Barings Bank, the venerable merchant bank...

    3. December 2, 2011

      What makes a rogue trader?

      Kweku Adoboli, a 31-year-old trader for the Swiss bank UBS, listened silently in the City of London magistrates court this...

    4. October 2, 2011

      Where rogue trading can thrive

      One of the aspects of the UBS alleged rogue trading affair that seems to have escaped much comment so far is the role that...

    5. FT Alphaville

      September 23, 2011

      Pink picks

      Comment, analysis, and other offerings from Friday’s FT, Philip Stephens: Wanted — a plan to save Europe It has become...

    6. September 16, 2011

      Rogue accidents, and banging more shins

      Another rogue trader? Apparently so. The Swiss bank UBS says it has lost $2bn down the back of a sofa somewhere – or more...

    7. September 16, 2011

      UBS charges date back to 2008

      The 31-year-old trader charged with fraud over the shock $2bn loss at UBS was accused of criminal activity dating back to...

    8. September 16, 2011

      UBS probe to be run by Deloitte

      British and Swiss regulators have appointed the international audit firm Deloitte to head an investigation into events at...

    9. September 16, 2011

      UBS scandal grist to mill of banking reformers

      Who should be blamed for the actions of one bad apple? In the wake of Thursday’s revelation of a $2bn loss because of rogue...

    10. September 16, 2011

      UBS trader in custody after fraud charge

      A 31-year-old trader, allegedly responsible for a $2bn loss at UBS, has been remanded in custody after being charged with...

    11. September 15, 2011

      Suspect trades reinforce ringfencing argument

      Sir John Vickers, who just unveiled plans to protect UK retail deposits from investment banking losses, can permit himself a...

    12. FT Alphaville

      September 15, 2011

      UBS discloses $2bn unauthorised trade

      UBS shocked investors on Thursday with news that it had discovered a potential $2bn loss due to unauthorised trading at its...

    13. September 15, 2011

      UBS trader Adoboli held over $2bn loss

      UBS has become the latest bank to experience a rogue trading scandal as it revealed that a 31-year-old trader had been...

    14. December 12, 2010

      A little history to shed light on bonds

      The sharp sell-off in government bonds last week has left some investors, so one bond market strategist told the FT last...

    15. October 6, 2010

      Kerviel is a symptom of a banking malaise

      This week’s judgment that Jérôme Kerviel, the rogue trader, should repay the €4.9bn ($6.8bn) he lost to Société Générale is...

    16. October 5, 2010

      Lies, deceit, forgery and missing billions

      As Société Générale rogue trader Jérôme Kerviel faces an order to pay a record €4.9bn ($6.8bn) in damages, he can console...

    17. June 25, 2010

      Jérôme Kerviel

      Jérôme Kerviel said that at Société Générale, he was given the same consideration as a cheap prostitute, but on the final...

    18. October 30, 2009

      Back in the financial spotlight

      It is a long time since former Barings boss Peter Norris was in the spotlight. He returns to it as chairman of Virgin Group...

    19. April 4, 2009

      Playing Fred

      Enron, a play about the collapse of the energy group, hits the Royal Court Theatre in September, but if a film of Royal...

    20. April 1, 2009

      Decoupling shows its worth

      Everyone knows Barings. The banking name dates back to the 1760s, but the main reason it is so widely recognised is not so...

    21. February 6, 2009

      Warning by bank 10 years ago was ignored

      The Bank of England issued a stark warning to the City of London more than a decade ago that big bonuses encouraged traders...

    22. January 24, 2009

      Rogues gallery

      In retrospect, it did seem odd that Jérôme Kerviel hadn't taken any holiday for a couple of years. But so what? The young...

    23. January 24, 2009

      Three breeds of rogue trader

      The most effective traders, says Hugo Pound, managing director of management consultants RDI, are disciplined, innovative...

    24. January 24, 2009

      They Bet The Bank

      In retrospect, it did seem odd that Jerome Kerviel hadn't taken any holiday for a couple of years. But so what? The young...

    25. January 24, 2009

      Rogue traders who went off the rails

      In retrospect, it did seem odd that Jérôme Kerviel hadn’t taken any holiday for a couple of years. But so what? The young...

    26. December 16, 2008

      Seeking a new job in the City is hard work

      George, a redundant investment manager in London, sits back in his chair. "Know anyone who wants to buy a Bentley?" he...

    27. December 16, 2008

      Helping bankers out of the darkness

      George, a redundant investment manager, sits back in his chair. "Know anyone who wants to buy a Bentley?" he asks. "You...

    28. December 15, 2008

      Seeking a new job in the City is hard work

      George, a redundant investment manager in London, sits back in his chair. “Know anyone who wants to buy a Bentley?” he asks....

    29. October 23, 2008

      A rogue system with lax limits on risk-taking

      The rogue trader is back. Markets are volatile, with oil plunging, currencies see-sawing and the Dow Jones Industrial...

    30. FT Alphaville

      August 8, 2008

      'Numbed and galvanised' at RBS....

      Forget “shock and awe”, among the numerous bloodied banks on today’s corporate battlefield, “numbed and galvanised” are the...

    31. FT Alphaville

      July 17, 2008

      Further Reading

      Elsewhere on Thursday, - The old uptick rule isn’t coming back. Just a “price rule” with “teeth in it”. - The beginning of...

    32. May 30, 2008

      From bricklayer to property tycoon

      Paul Taylor has shown a taste for property ever since leaving his job as a teenage bricklayer to join NatWest as a bank...

    33. May 19, 2008

      The consequences of crime

      It is a Thursday afternoon at the Richard Ivey School of Business at the University of Western Ontario, Canada, and the...

    34. May 18, 2008

      The consequences of crime

      It is a Thursday afternoon at the Richard Ivey School of Business at the University of Western Ontario, Canada, and the...

    35. May 7, 2008

      Business schools welcome ex-cons

      Management Blog (Adam Jones): Students at Canada's Richard Ivey School of Business will have an unusual guest speaker on...

    36. FT Alphaville

      April 9, 2008

      Leeson warns of ‘black hole’ in markets

      Nick Leeson, the futures trader who brought down Barings bank in 1995, weighed in on the rogue trading scandal that has...

    37. April 9, 2008

      Leeson warns of need for risk management

      Nick Leeson, the futures trader who brought down Barings bank in 1995, yesterday weighed in on the rogue trading scandal...

    38. April 8, 2008

      Leeson warns of fraud ‘black hole’ in markets

      Nick Leeson, the futures trader who brought down Barings bank in 1995, weighed in on the rogue trading scandal that has...

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