Legal
UBS Asked Cops to Arrest Adoboli Before Calling FSA, Prosecutors
UBS AG, Switzerland’s biggest bank, asked British police at 1 a.m. to arrest Kweku Adoboli before notifying the U.K. financial regulator or prosecutors, according to two people familiar with the matter. The Financial Services Authority was notified shortly after police. Prosecutors at the Serious Fraud Office, which also handles white-collar…
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Click here to read the full story: Business Week