Relevant:
- UBS Reports $2 Billion Loss by Rogue Trader
- Kweku Adoboli, UBS 'Rogue Trader,' Convicted Of Fraud Over $2.3 Billion Loss
- UBS Loss Bolsters Swiss Lawmaker Case for Too-Big-to-Fail Rules
- UBS trader masked risk exposure of $12 billion, court told
- French rogue trader Jérôme Kerviel jailed for three years and ordered to repay €4.9 billion (which he'll make in 300,000 years)
2011-09-17 — wsj.com
"An alleged trading scheme at UBS AG went undetected for three years before it was finally discovered, triggering a $2 billion loss, U.K. authorities indicated Friday as they charged a 31-year-old trader at the Swiss bank with fraud."
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