Top of the Hour: UBS ‘Rogue Trader’ Loses $2 Billion, Morning Headlines

The Takeaway

Police in London have arrested a 31-year-old UBS banker Kweku Adoboli for making unauthorized trades that may have cost the Swiss bank $2 billion in losses.

Do you support journalism that strengthens our democracy?

At The World, we believe strongly that human-centered journalism is at the heart of an informed public and a strong democracy. We see democracy and journalism as two sides of the same coin. If you care about one, it is imperative to care about the other.

Every day, our nonprofit newsroom seeks to inform and empower listeners and hold the powerful accountable. Neither would be possible without the support of listeners like you. If you believe in our work, will you give today? We need your help now more than ever!