UBS trader charged with fraud remanded in custody

Reuters

UBS

Adoboli, 31, who worked as a director of exchange traded funds at UBS, is charged with two counts of fraud dating back to 2008 and two counts of false accounting.

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He made no application for bail at the City of London magistrates court and will next appear at Southwark Crown Court on November 22.

(Reporting by Michael Holden; Editing by Steve Addison)

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