UBS trader Kweku Adoboli arrested over 'rogue' trades
Police in London have arrested a 31-year-old man in connection with allegations of unauthorised trading which has cost Swiss banking group UBS an estimated $2bn (£1.3bn).
Kweku Adoboli, believed to work in the European equities division, was detained in the early hours of Thursday and remains in custody.
Robert Peston reports.
15 Sep 2011
- From the section Business