That UBS $2 Billion loss

My take on Kweku Adoboli\’s little troubles is there.

2 thoughts on “That UBS $2 Billion loss”

  1. 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.

  2. Perhaps Mr Adoboli had received an email from a Nigerian Prince promising £8bn in return for a £2bn release fee.

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