September 16, 2011 / 1:50 PM / 6 years ago

UBS declines comment after trader charged

ZURICH, Sept 16 (Reuters) - Swiss bank UBS declined to comment on Friday after London police probing a $2 billion loss at the bank charged trader Kweku Adoboli with fraud.

“The investigations are ongoing,” a UBS spokesman said.

Adoboli, 31, who was a UBS director of exchange traded funds, will appear before City of London Magistrates court later on Friday. (Reporting by Emma Thomasson)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below