UBS Rogue Trader Warns Of Next Phase Of Great Financial Crisis
8/01/2016 09:30:00 AM
UBS rogue trader: 'It could happen again'
"The London trader who lost the Swiss bank UBS £1.4bn ($1.9bn) has apologised and said that banking has not done enough to regain the public's trust.In his first broadcast interview, Kweku Adoboli told the BBC that banking was still riven by conflicts of interest. He added that traders were pushed to make profits "no matter what"." (Source: BBC News, 8/1/2016)