UBS trader charged with fraud remanded in custody


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.

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)