Former trader Kweku Adoboli who had made UBS lose more than $ 2 billion in 2011 returns to finance

UBS crazy ex-trader returns to finance
Former trader who lost UBS $ 2.3 billion in 2011 wants to get into mortgage securitization in his home country of Ghana...Kweku Adoboli returns to the financial scene. No longer in London, where the trader had made UBS lose more than $ 2 billion in 2011, but in Ghana, his country of birth, to which he was expelled at the end of 2018. The financier had been sentenced in 2012 to 7 years in prison for fraud and had served half of his sentence. His new objective: to create a market for securitized bonds in the West African country.

At 39, Kweku Adoboli has great ambitions for his country of origin, which he left at the age of 4 and in which he returned, forced and forced, at the end of 2018. The ex-trader of UBS wants to raise $ 6 million (the equivalent in francs) to launch a real estate financing platform. More precisely, a mortgage securitization platform, he detailed to Bloomberg , who met him in a large hotel in Accra, the Ghanaian capital.

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