From UBS Trading Floor to Ghana: Adoboli's Journey Nears End

The video discusses the case of Mr. Adebola, a trader involved in a $2 billion trade that led to his deportation under UK law. This case significantly impacted UBS, resulting in the CEO's resignation and a shift in the bank's focus from trading to wealth management. The discussion extends to the broader banking industry, highlighting the shift in risk from banks to non-bank entities like Blackrock and Berkshire Hathaway. The video concludes with speculation on future financial crises and where risks might emerge.

In what ways did the financial crisis change the focus of banks from trading to wealth management?

What are the potential risks identified for future financial crises based on past experiences?