NEW YORK (TheStreet) -- Popular searches on the Internet Monday include
UBS on news that the ex-trader accused of unauthorized trading has pleaded not guilty to all charges at a hearing in London.
Kweku Adoboli is accused of causing UBS $2.3 billion in losses through fraud and false accounting. The trader was arrested after the bank questioned Adoboli about the risk of large losses from several of his trades on Sept. 13. He has been in custody since Sept. 15. The bank alleges that Adoboli, who worked as a director of exchange-traded funds, created fake positions and falsified records on ETF transactions. Adoboli faces a maximum of 10 years in prison if convicted.
The case led to the resignation of then-CEO Oswald Gruebel.
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