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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 probe to be run by Deloitte

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

  8. 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...

  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

    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...

  24. January 24, 2009

    Three breeds of rogue trader

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

  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

    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...

  27. 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...

  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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