'Rogue trader risked UBS bank collapse'

The prosecutor in the trial of UBS trader Kweku Adoboli has accused him of "naked gambling" with reckless, unauthorised investments that could have destroyed Switzerland's biggest bank.

Opening the case prosecutor Sasha Wass said the trader had created a "pyramid of fraud" to increase his annual bonus, his status within the bank, his job prospects and to boost his ego.

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