Judge: Rogue trader was 'arrogant'

There is a strong streak of the gambler in you. You were arrogant to think the bank's rules for traders did not apply to you.

– Mr Justice Keith, Judge

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UBS rogue trader jailed

A rogue trader who lost £1.4 billion in bad deals has been jailed for seven years after being convicted of fraud. But Kweku Adoboli was acquitted of the four outstanding false accounting charges.