Sentence examples for unauthorised trading from inspiring English sources

This failure contributed to Adoboli's unauthorised trading continuing unchecked.

The loss was caused by an employee's unauthorised trading of options linked to London's stockmarket index.Overcapitalised banks have been handing out loans left, right and centre.

A report filed by federal regulators in 2003 concluded he had "engaged in fraud, breach of fiduciary duty, churning, unauthorised trading and unsuitable investments" on behalf of clients.

AIB may now be reconsidering that commitment, after the astonishing news that a foreign-exchange trader at Allfirst's Baltimore headquarters managed to lose $750m in unauthorised trading.

The Swiss bank's chief executive, Oswald Grübel, who is under fire over alleged "unauthorised trading" by Kweku Adoboli in London, left the meeting at the bank's Singapore office without commenting on his future.

In March France's highest court of appeal upheld his conviction for forgery and breach of trust related to the unauthorised trading positions he took until early 2008 that lost his employer, Société Générale, €4.9 billion ($7.2 billion).

Mr Kerviel's three-week trial for losing €4.9bn in unauthorised trades in 2008 has just ended.

At one point, he ran up about €38bn in unauthorised trades, which when discovered had to be carefully unwound.

The unauthorised trades remained hidden for years in so-called umbrella accounts set up to store the funds.

More recently UBS's Kweku Adoboli only got a sentence half as long for losing $2.3bn in unauthorised trades from his London office.

Société Générale "rogue trader", Jeroen Kerviel, has turned himself into French authorities to begin his three-year jail sentence, for costing his former employer €4.9bn through unauthorised trades.