Swiss banking giant UBS has been fined £29.7 million by the Financial Services Authority for failings which allowed convicted rogue trader Kweku Adoboli to lose £1.4 billion.
The FSA said procedures, management systems and internal controls at the bank's London branch were "seriously defective".
Adoboli was sentenced to seven years in prison last week after he was convicted of two counts of fraud by abuse of position.
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The flame-haired royal is an accomplished polo player but that didn't stop him taking a tumble not once, but twice, during the game.
A 24-year-old man has been arrested on suspicion of murder after the body washed up on the Thames shoreline.
Police were called to an address in Carlisle on Friday night but the eight-month-old died later in hospital.