UBS says trader hid loss with fake deals
Sun, 18 Sep 2011 20:43:08 +0100
Kweku Adoboli used fictitious counter-trades to cover loss-making positions, the bank alleges, the same tactic used by a trader at SocGen in 2008
Sun, 18 Sep 2011 20:43:08 +0100
Kweku Adoboli used fictitious counter-trades to cover loss-making positions, the bank alleges, the same tactic used by a trader at SocGen in 2008