All London Whale articles

  • Blog post

    Compliance insights from a massive trading loss

    2017-03-26T16:45:00Z

    Kweku Adoboli is the former UBS trader who took positions that led the firm to sustain a $2.3 billion dollar loss—as he dryly noted, “for which I took responsibility in September 2011—and to my eventual imprisonment.” What are the cultural lessons for compliance?