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

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

Assessment

Interactive Video

Business, Social Studies

University

Hard

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FREE Resource

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.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

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

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

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

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