September 22nd, 2011
08:42 AM ET

Lawyer: Accused UBS bank trader 'sorry beyond words'

A bank trader accused of fraud in connection with a $2.3 billion loss in unauthorized trading reported by Swiss giant UBS is "sorry beyond words," his lawyer said Thursday.

Kwaku Adoboli was remanded in custody until October 20 by the City of London Magistrates' Court.

In a statement to the court, lawyer Patrick Gibbs said his client was "sorry beyond words for what happened here."

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Filed under: Switzerland • United Kingdom
soundoff (22 Responses)
  1. bobcat2u

    Brings to mind one of Brenda Lees old songs/

    I'm sooorrry, so sooorrry.

    September 22, 2011 at 1:33 pm | Report abuse |
  2. banasy©

    Showing your age there, bub! 😉

    September 22, 2011 at 2:55 pm | Report abuse |
  3. banasy©

    Yep, it was surely an "Oops. My bad" kind of moment, I'm sure.

    September 22, 2011 at 3:08 pm | Report abuse |
  4. Anomic Office Drone

    I can't imagine losing $2.3 million, much less $2.3 billion.

    September 22, 2011 at 3:20 pm | Report abuse |
  5. chrissy

    u guys are killin me lmfao

    September 22, 2011 at 5:09 pm | Report abuse |
  6. lilmama

    @ crissy_ yeah i kno they really go hard on these comments i luv to read them and i be buggin up too

    September 23, 2011 at 8:12 pm | Report abuse |
  7. Andreas Moser

    "It's too late to say I'm sorry, it's too late."

    September 28, 2011 at 5:13 am | Report abuse |
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