Hopefully we’ll find out later today, I’d not thought it would be pure speculation though.
I think a gold ETF wasn’t the best choice in that example, the vast majority of gold ETFs are the simplest of ETFs, being based just on holding a single physical asset.
Henry Crun
Perhaps Mr Adoboli had received an email from a Nigerian Prince promising £8bn in return for a £2bn release fee.
Hopefully we’ll find out later today, I’d not thought it would be pure speculation though.
I think a gold ETF wasn’t the best choice in that example, the vast majority of gold ETFs are the simplest of ETFs, being based just on holding a single physical asset.
Perhaps Mr Adoboli had received an email from a Nigerian Prince promising £8bn in return for a £2bn release fee.