Arab Today, arab today ubs trader \sorry\ for massive losses
Last Updated : GMT 21:50:13
Arab Today, arab today
Arab Today, arab today

UBS trader \'sorry\' for massive losses

Arab Today, arab today

Arab Today, arab today UBS trader \'sorry\' for massive losses

London - AFP

Kweku Adoboli, the equities trader accused over the $2.3 billion losses at Swiss bank UBS, is \"sorry beyond words\", his lawyer said Thursday, as he was remanded in custody and a new charge of fraud was added. Defence lawyer Patrick Gibbs told the court in London: \"He is sorry beyond words for what has happened. He went to UBS and told them what he had done, and stands now appalled at the scale of the consequences of his disastrous miscalculations.\"  

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