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Tackle corporate culture, not rogue traders: Iguchi

Georgina Lee
The former banker, jailed after losing Daiwa Bank $1.1 billion via unauthorised trading, says allowing rogue traders to keep their jobs would create an incentive for them to come clean.
Tackle corporate culture, not rogue traders: Iguchi

Imprisonment isn’t a deterrent and rogue traders shouldn’t be criminalised, argues Toshihide Iguchi, who was himself jailed after confessing to having accumulated losses of $1.1 billion through unauthorised bond trading at Daiwa Bank in New York.

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