You Searched For "rogue trader" and got 20 results
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1 min read
The UBS Rogue Trader's Old Supervisor Got A Big Promotion At GETCO
DiBacco, who was based in New York, was fired from UBS in January 2012. UBS alleged that he "faile…
Julia La Roche
3 mins read
This world famous rogue trader now works as a debt counsellor
Leeson's interview marks the 20th anniversary since he caused the collapse of Barings Bank. He fled…
Lianna Brinded
2 mins read
Nomura was just busted for hiding a rogue trader called "Mr. X"
Mark Steward, the SFC's executive director of enforcement, said: "Nomura left out highly relevant i…
Ben Moshinsky
4 mins read
Nick Leeson is still trading - and he has some advice for Kweku Adoboli and Jerome Kerviel
It took Leeson a spell in a Singapore jail and colon cancer to realise the power of accountability.…
Ben Moshinsky
2 mins read
Wall Streeters be warned: A CIA-backed artificial intelligence firm could be listening to your calls
There was the JPMorgan trader behind the London Whale scandal, UBS' snafu with the rogue trader Kwe…
Portia Crowe
2 mins read
Prop trading on Wall Street lives on as Citi is smacked with fine by SEC
Regulators enforce a provision of the Dodd Frank Act known as the Volcker Rule, which went into eff…
Alex Morrell
2 mins read
Ex-UBS rogue trader Kweku Adoboli is out of prison
The FT reported that during his time behind bars, Adoboli was held in four different prisons. He wa…
Lianna Brinded
2 mins read
Nick Leeson just said the man charged with the 2010 'Flash Crash' is a 'scapegoat'
"We are talking about a young trader that was operating out of his mum and dad's house and he's bei…
Lianna Brinded
3 mins read
The rogue trader who lost UBS £1.4 billion says, 'It could absolutely happen again'
"I don't think I'm a criminal. It's a label that I have. You made a terrible mistake, you made a se…
Oscar Williams-Grut
1 min read
Rogue Trader Jerome Kerviel Loses His Appeal, Faces Prison Time And Huge Fine
In 2008, it was revealed that Kerviel lost the French bank approximately 4.9 billion euros ($6.9 bi…
Julia La Roche
1 min read
'Rogue Trader' Jerome Kerviel Is Getting Out Of Jail After Only 5 Months
He was sentenced in October 2010 to three years in prison and slapped with a fine of 4.9 billion eu…
Julia La Roche
2 mins read
A new startup thinks it can stop Wall Street cheaters by monitoring how much traders laugh
"We're looking for changes in behaviour and anomalies in how people communicate," Adylov tells Euro…
Shane Ferro
2 mins read
A Credit Suisse wealth manager made rogue trades for 6 years just to keep his clients off his back
On the same day, Bloomberg did a deep dive on an unnamed wealth manager who, with no previous finan…
Portia Crowe
5 mins read
Leaked document from the New York Fed says Barclays was 'weak' at preventing rogue traders
The New York Fed's pursuit of rogue traders is bearing fruit. Bloomberg News reported that banks in…
Ben Moshinsky
2 mins read
A rogue trader lost $320 million on wrong-way oil bets, prompting Mitsubishi to fire the person and alert police
The employee, at Petro-Diamond Singapore, a Mitsubishi Corporation unit, had been building the posi…
Trista Kelley
2 mins read
Credit Suisse's CEO says his traders racked up bad positions without telling anyone
"If your costs are too high and you're not taking them down, you will lead a revenue-driven strateg…
Portia Crowe
1 min read
The Head Of The New York Fed Gave Wall Street A Chilling Ultimatum
"The inevitable conclusion will be reached that your firms are too big and complex to manage effect…
Linette Lopez
5 mins read
France is famous for its quants because of this one woman
The Paris-based maths professor, who teaches the niche art of creating and pricing complex financia…
Lianna Brinded
1 min read
Bloomberg Accidentally Found Out How Easy It Is to Hack The Government's "Black Boxes" For Crucial Econ Data
The inspector general at the Commerce Department found "no evidence of an intentional violation" of…
Steven Perlberg
2 mins read
Ex-UBS trader Kweku Adoboli has lost his extradition appeal
"We feel this is completely unfair and undervalues the profound lifelong relationships forged over …