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get to keep a share of their. Archived from the original on 23 September 2011. Phil Allison, UBS's global head of cash equities, was reported as leaving on yesterday. Adoboli said he had "lost control in the maelstrom of the financial crisis and was doing well until he changed from a conservative "bearish" position to an aggressive "bullish" stance under pressure from senior managers. A City trader who lost.4bn (2.2bn) of Swiss bank UBS's money has been jailed for seven years after being found guilty of two counts of fraud. You were arrogant to think the bank's rules for traders did not apply to you." 'Magic touch the first verdict returned by the jury saw Adoboli convicted of one count of fraud relating to unauthorised trading leading to the.4bn loss to UBS. Equally, senior staff in London (like Allison) will be hit by the EU bonus cap and have their bonuses restricted to 200 of base pay. "They pay well, but not that well he claims. Equity derivatives people.". Foulds had worked at UBS for more than a decade. 5, it later emerged that UBS had failed to act on a warning issued by its computer system about Adoboli's trading.
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This estimate is based upon. UBS Trader salary report(s) provided by employees or estimated based upon statistical methods. When factoring in bonuses and additional compensation,. Trader at, uBS can expect to make an average total pay of 89,974.
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Adoboli, the Ghana-born son of a diplomat, told the jury his senior managers were aware of his actions and encouraged him to cryptomonnaie comment en farmer take risks. Matt Foulds, UBS's head of equity distribution for the Americas was reported as leaving yesterday. In 2010, UBS recruited, yassine Bouhara, global head of equities from Deutsche Bank to run its own equities business jointly with UBS veteran Francois Gouws. . Archived from the original on Retrieved "UK regulator fines UBS 47 million over rogue trader case". "Rogue trader causes US2 billion loss at UBS". Since Bouhara's departure, UBS's equities business has been run by Mike Stewart, who was hired from Bank of America.