Kweku Adoboli – Investment Banker Trader that lost $2 Billion Dollars Blog

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Rogue trading at UBS may have gone on for three years, police fear

Kweku Adoboli, the banker accused of the City’s biggest fraud, allegedly began   “rogue trading” 3 yrs ago

Like I thought this cannot have been done with just one transaction or trade, the systems installed in banks these days are well advanced and can detect such large transaction and there is stop limits in place to stop trades before they get out of control.

 

Kweku Adoboli the trader who lost $2 Billion Dollars (£1.3 Billion). He works for one of the leading investment banks in the city. Kweku Adoboli now known as the rogue trader, had made some trades that didnt go in his favour .

This Blog is about Kweku Adoboli, so please feel free to write your useful comments and blog about what you suggest to banks to do in order to avoid such trades in the future or such loses from happening.