A former UBS trader accused of unauthorised dealing that cost the Swiss bank $2.3 billion and led to the resignation of its chief executive was expected to enter a plea for the first time today.
Kweku Adoboli (31), who worked as a director of exchange traded funds, has been charged with two counts of fraud and two of false accounting and is to appear at Southwark Crown Court in London at 2pm.
View Link [irishtimes.com]

