UBS trader Kweku Adoboli remanded in custody after fraud charge
The UBS trader alleged to have lost UBS $2bn (£1.3bn) in unauthorised trading, has appeared in court in London.
Kweku Adoboli, 31, has been remanded in custody until a committal hearing on 22 September after being charged with fraud and false accounting.
According to the charges, the fraud took place between January and September this year.
Hugh Pym reports.
16 Sep 2011
- From the section Business