Rogue traders are back in the headlines after UBS admitted on Thursday that “unauthorised trading” has cost the bank $US2 billion. But it won’t top the list of the worst rogue traders in banking history.
Rogue traders are back in the headlines after UBS admitted on Thursday that “unauthorised trading" has cost the bank $US2 billion.
That may be enough to ensure UBS makes a loss for its third quarter, the bank said, but it will not top the list of the worst rogue traders in banking history.
