UBS was fined £29.7 million (HK$368.87 million) by the British authorities and told by the Swiss regulator that it might have to increase capital levels for operational risks as regulators levied...
- Sun
- May 26, 2013
- Updated: 2:16am
Trending topics
24 Oct 2012
Former Societe Generale trader Jerome Kerviel handed three years in jail for his role in France’s biggest rogue-trading scandal on Wednesday and ordered to repay US$6.35 billion.
9:17PM
17 Jun 2011
A former fund manager with Franklin Templeton Sealand Fund Management has become the latest rogue trader to be exposed by the mainland regulator as Beijing intensifies its crackdown on market...
12:37PM
8 Feb 2002
Investigators believe US$750 million (HK$5.8 billion) in currency trading losses at Allied Irish Bank's US subsidiary may have been racked up by a rogue trader's attempts to cover up his mistakes...
2:46PM
28 Jun 1995
DERIVATIVES - financial instruments whose value is derived from an underlying product or market - are blamed every time someone using them gets into trouble.
10:56AM
4 Mar 1995
SUPERVISION of Nick Leeson's Singapore trading operation was transferred to London after Barings' Tokyo office became concerned about maintaining proper controls.
8:44PM
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