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View Full Version : UBS fined £30m for Kweku Adoboli fraud failures - Telegraph.co.uk



FraudNews
11-26-2012, 06:53 AM
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFlAyfrkd9OC9oKpCRcc8 WlwhtUCAamp;url=http://www.telegraph.co.uk/finance/financial-crime/9702513/UBS-fined-30m-for-Kweku-Adoboli-fraud-failures.htmlimg src=//nt2.ggpht.com/news/tbn/toA72WOyBnToHM/0.jpg alt= border=1 width=80 height=50 /br /font size=-2Telegraph.co.uk/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFlAyfrkd9OC9oKpCRcc8 WlwhtUCAamp;url=http://www.telegraph.co.uk/finance/financial-crime/9702513/UBS-fined-30m-for-Kweku-Adoboli-fraud-failures.htmlbUBS fined £30m for Kweku Adoboli bfraud/b failures/b/abr /font size=-1bfont color=#6f6f6fTelegraph.co.uk/font/b/fontbr /font size=-1quot;UBS failed to take reasonable care to organise and control its affairs responsibly and effectively, with adequate risk management systems and failed to conduct its business from the London Branch with due skill, care and diligence,quot; the Financial b.../b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?ncl=d4L6v7vS3IgaZYMamp;ned=en_zanobrband morenbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

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