After Losing $2.3 Billion at UBS He Now Seeks Redemption in Ghanaian Bonds

Adoboli embraces new future in Ghana after U.K. deportation
Ex-trader plans to help kick-start Ghana securitization market

Kweku Adoboli poses for a photograph following an interview in Accra, Ghana, on Jan. 15.Photographer: Cristina Aldehuela/Bloomberg

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By Moses Mozart Dzawu

January 22, 2020 at 12:00 AM EST

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Former UBS Group AG trader Kweku Adoboli fought to avoid deportation from the U.K. to the nation of his birth after his conviction for a $2.3 billion loss at the Swiss bank. Now, he is seeking a comeback in Ghana with a plan to kick-start its mortgage-backed bond market.

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Before it’s here, it’s on the Bloomberg Terminal

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