World News Insights
1-3 Minute Gist
Search, personalize, or simply browse. Follow the world around you from gist and context to insights.
Who we are | Our Credo | Ways of using Lyrarc | FAQ | Send Feedback | First Letter From the Editor
Sign up. It's free and easy to use
Create an account
to personalize your feed of articles and topics.
All Topics Article
Former UBS Trader: 'I Absolutely Lost Control'
Keywords:
Testifying at Southwark Crown Court in London, UBS trader Adoboli said: "I absolutely lost control. I was no longer in control of the decisions around the trades we were doing... My ability to think rationally and deeply was gone." The trades led to losses of $2.3 billion for UBS.
Former Credit Suisse and UBS CEO, Oswald Grubel, and Swiss banking
09/24/2011
Grouped Articles
Former UBS Official Is Arrested in Tax Probe
Wall Street Journal 10/21/2013
Credit Suisse Settles Mortgage Litigation for $885 Million
Wall Street Journal 03/22/2014
Credit Suisse is Facing Double-Barreled Inquiries
New York Times 04/06/2014
Credit Suisse's CEO is Called the 'Teflon Man'
New York Times 05/19/2014
In Tax Case, Credit Suisse is Denied Milder Penalty
New York Times 05/19/2014
Wall Street Journal 05/21/2014
Swiss bank UBS and cuts in bonuses for 2011
01/15/2010
Grouped Articles
Former UBS Official Is Arrested in Tax Probe
Wall Street Journal 10/21/2013
Wall Street Journal 10/31/2013
Swiss Voters Reject High-Pay Initiative
Wall Street Journal 11/24/2013
U.K. Bankers to Wait Seven Years for Bonuses
Wall Street Journal 06/24/2015
The U.K.'s New Bonus Claw Back Rules
Wall Street Journal 06/24/2015
UBS Will Slice 60% From Bonuses As Net Sinks 76%
Wall Street Journal 02/08/2012
Swiss bank UBS management
06/01/2011
Grouped Articles
Former UBS Official Is Arrested in Tax Probe
Wall Street Journal 10/21/2013
Wall Street Journal 11/17/2013
UBS Is Surviving in Spite of Itself
New York Times 06/01/2011
Wall Street Journal 06/22/2011
Wall Street Journal 07/02/2011
Wall Street Journal 09/17/2011
Swiss bank UBS strategies
07/27/2011
Grouped Articles
Wall Street's Giants Try 'Flow Monster' Formula
Wall Street Journal 05/20/2013
Wall Street Journal 11/17/2013
Wall Street Journal 07/27/2011
Wall Street Journal 09/17/2011
Delta Desks Emerge as Mine Fields
Wall Street Journal 09/17/2011
UBS Rightly Puts ETFs in Spotlight
Wall Street Journal 09/17/2011
Swiss bank UBS's $2 billion loss in Sept 2011 from trades made at its London trading desk
09/16/2011
Kweku Adaboli 31, was a director of the Exchange Traded Funds (ETF) at UBS. He engaged in derivative trades for customers of UBS without following up with the normal hedging of risks assumed in the derivative trades. He did this for three years since 2008. He has a degree in computer science from the University of Nottingham, where he was hired by UBS. He was transferred to the trading desk after working in backoffice operations till 2008.
Grouped Articles
UBS Trader Charged With Fraud Appears in Court
Wall Street Journal 09/16/2011
UBS Losses Alter Regulation Debate
Wall Street Journal 09/16/2011
Wall Street Journal 09/17/2011
'Rogue' Trading Lasted 3 Years
Wall Street Journal 09/17/2011
Wall Street Journal 09/17/2011
Delta Desks Emerge as Mine Fields
Wall Street Journal 09/17/2011
The culture at the investment banking operations of Swiss bank UBS, Societe Generale, and other banks
02/02/2008
Grouped Articles
Former UBS Official Is Arrested in Tax Probe
Wall Street Journal 10/21/2013
How to Lose $7.2 Billion: A Trader's Tale
Wall Street Journal 02/02/2008
A Trader’s Secrets, a Bank’s Missteps
New York Times 02/05/2008
At UBS, Itâs the Culture Thatâs Rogue
New York Times 09/23/2011
There are no rogue traders, there are only rogue banks - The Washington Post
Washington Post 09/25/2011
UBS Shareholders Push for Deeper Changes
Wall Street Journal 09/26/2011
UBS risk management systems and Swiss regulators
09/16/2011
Grouped Articles
Former UBS Official Is Arrested in Tax Probe
Wall Street Journal 10/21/2013
Swiss Politicians Push for Stricter Bank Capital Rules
Wall Street Journal 11/04/2013
UBS Trader Charged With Fraud Appears in Court
Wall Street Journal 09/16/2011
UBS Losses Alter Regulation Debate
Wall Street Journal 09/16/2011
Wall Street Journal 09/17/2011
'Rogue' Trading Lasted 3 Years
Wall Street Journal 09/17/2011
Swiss bank UBS
05/05/2011
Grouped Articles
UBS to Pay $160 Million to Settle Muni Bid-Rig Case
Wall Street Journal 05/05/2011
Wall Street Journal 09/17/2011
'Rogue' Trading Lasted 3 Years
Wall Street Journal 09/17/2011
Delta Desks Emerge as Mine Fields
Wall Street Journal 09/17/2011
UBS Rightly Puts ETFs in Spotlight
Wall Street Journal 09/17/2011
Wall Street Journal 09/19/2011
Swiss bank UBS lawsuits and settlements
05/04/2011
Grouped Articles
Former UBS Official Is Arrested in Tax Probe
Wall Street Journal 10/21/2013
UBS to Pay $160 Million to Settle Muni Bid-Rig Case
Wall Street Journal 05/05/2011
UBS Settles Fraud Charges in Municipal Bond Market
New York Times 05/04/2011
UBS Is Sued for Mortgage Losses
Wall Street Journal 07/28/2011
U.S. Said to Be Ready to Sue Banks Over Mortgages
New York Times 09/01/2011
Wall Street Journal 09/17/2011
Swiss bank UBS performance
07/27/2011
Grouped Articles
Wall Street Journal 11/17/2013
Wall Street Journal 07/27/2011
UBS Trader Charged With Fraud Appears in Court
Wall Street Journal 09/16/2011
UBS Losses Alter Regulation Debate
Wall Street Journal 09/16/2011
Wall Street Journal 09/17/2011
Delta Desks Emerge as Mine Fields
Wall Street Journal 09/17/2011
Swiss bank UBS under new CEO Sergio Ermotti
11/18/2011
Grouped Articles
Wall Street's Giants Try 'Flow Monster' Formula
Wall Street Journal 05/20/2013
Wall Street Journal 11/17/2013
The 'Silent Austerity' in Banking
Wall Street Journal 01/21/2014
UBS Scales Back Investment Bank
Wall Street Journal 11/18/2011
UBS Outlines How it Plans to Carry Out Turnaround
New York Times 11/18/2011
Chief Risk Officer Departs in UBS Shakeup
New York Times 12/02/2011
Swiss bank UBS's investment banking operations
09/21/2011
Grouped Articles
Wall Street Journal 11/17/2013
UBS Board to Focus on Postscandal Plan
Wall Street Journal 09/21/2011
Grubel Resigns at UBS After Adoboli Rogue Trading Scandal
New York Times 09/24/2011
At UBS, Itâs the Culture Thatâs Rogue
New York Times 09/23/2011
There are no rogue traders, there are only rogue banks - The Washington Post
Washington Post 09/25/2011
UBS Shareholders Push for Deeper Changes
Wall Street Journal 09/26/2011
UBS and Swiss banking regulators
05/26/2011
Grouped Articles
Former UBS Official Is Arrested in Tax Probe
Wall Street Journal 10/21/2013
Swiss Politicians Push for Stricter Bank Capital Rules
Wall Street Journal 11/04/2013
UBS Plans to Distance a Key Unit
Wall Street Journal 05/26/2011
UBS Trader Charged With Fraud Appears in Court
Wall Street Journal 09/16/2011
UBS Losses Alter Regulation Debate
Wall Street Journal 09/16/2011
Wall Street Journal 09/17/2011
We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.
Support Lyrarc from as small as $1
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us