A rogue trader who cost a major international bank £1.4 billion has been found guilty of fraud.
32 year-old Kweku Adoboli exceeded his trading limits and failed to hedge trades at the London office of Swiss bank UBS.
A jury at Southwark Crown Court has found him guilty of one charge of fraud - it is still considering another as well as four counts of false accounting. £2.8 billion was wiped off UBS's share value after the scale of Adoboli's deals was discovered.
More top news
A bungling robber who left his phone at crime scene has been jailed for more than three years.
Four police officers set to face misconduct hearings after a Jury in the Henry Hicks inquest returned a narrative verdict.
A British passport spoof 'have to take safety precautions when leaving house' video has hit 650,000 views on Facebook.