Person: Philip Octave

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Trader quizzed over €1.48bn deals

A suspected rogue trader was being questioned today after Swiss banking giant UBS discovered €1.48bn worth of unauthorised deals.

Fri, 16 Sep, 2011

Rogue trader causes €1.66bn loss at UBS

SWISS banking giant UBS said yesterday that a rogue trader has caused it an estimated loss of €1.66 billion, stunning a beleaguered banking industry that has proven vulnerable to unauthorised trades.

Fri, 16 Sep, 2011

Police question man over UBS rogue trading

A 31-year-old man was arrested in London today in connection with allegations of €1.48bn of rogue trading at Swiss banking giant UBS.

Thu, 15 Sep, 2011