Updated Wednesday, June 19, 2013 as of 1:25 PM ET
- Wirehouses
Adoboli Guilty of Fraud, Cleared of False Accounting by Jury
by: Lindsay Fortado and Jeremy Hodges
Tuesday, November 20, 2012
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Adoboli, who worked for UBS since leaving college, was accused of hiding the risk of his trades by booking fake hedges and storing profits in a secret account to cover the costs of running the bank’s exchange-traded-funds desk.

Bloomberg News

Wirehouses

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