Event

Shark Infested Banking: A salary for your soul?

Kweku Adoboli - Former Trader, UBS Global Synthetic Equities

  • Wed 15 Nov 17

    14:00

  • Colchester Campus

  • Event speaker

    Kweku Adoboli

  • Event type

    Lectures, talks and seminars
    The THINK Series

  • Event organiser

    Corporate events

  • Contact details

    Veronica Anspach

Shark Infested Banking: A salary for your soul?

Kweku’s Investment Banking career began as an operations analyst, but his contributions to the bank soon earned him a place on the equities trading floor.

In 2007, with just 10 months experience, he was asked to help take responsibility for the bank’s US$50bn ETF, Index Swap, Index Futures and Single Stock Futures trading book. As the banking crisis unfolded, the pressure to minimise losses and increase trading profits grew. In 2011 Kweku took responsibility for a $2.2bln loss incurred on the desk.

Subsequently convicted of fraud but found not guilty of false accounting, he served half of a seven-year prison sentence. Since his release in June 2015 Kweku has been fighting for his right to remain in the UK - his home for the last 25 years - whilst speaking widely on the implications of his experience and the need for cultural and systemic change in all our institutions.

No need to register for this free event - just turn up. 

Part of the THINK Series.