10 years on from the $600bn Lehman Bros bankruptcy and subsequent financial crisis, regulators have been busily cleaning up the industry in order to prevent it from ever happening again. Tougher laws have been introduced, fraudulent employees imprisoned and new staff probity checks introduced. Indeed, only last Friday the UK Government announced it had deported Kweku Adoboli, a former UBS trader who was convicted of a £1.4bn fraud between 2008–11.
20 Nov 2018
2 new contracts totalling >$1m of revenues
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2 new contracts totalling >$1m of revenues
10 years on from the $600bn Lehman Bros bankruptcy and subsequent financial crisis, regulators have been busily cleaning up the industry in order to prevent it from ever happening again. Tougher laws have been introduced, fraudulent employees imprisoned and new staff probity checks introduced. Indeed, only last Friday the UK Government announced it had deported Kweku Adoboli, a former UBS trader who was convicted of a £1.4bn fraud between 2008–11.