rogue trader

noun

1. a person who makes deals without due regard for normal business practices and controls

Example Sentences

Once competing on par with BNP Paribas in the early 2000s, SocGen has gone through a tumultuous period over the last 15 years, marked by heavy losses from a rogue trader on the eve of the 2008 financial crisis and a costly exit from Russia in the wake of the invasion of Ukraine last year.

From Reuters

Bank of England governor Andrew Bailey said SVB's collapse had been the fastest since the demise in 1995 of Britain's Barings Bank after huge derivatives losses caused by "rogue trader" Nick Leeson.

From Reuters

Costello previously gave permission for Pump It Up's riff to be sampled in Rogue Trader's 2005 dance hit Voodoo Child.

From BBC

The scale of the charge, which is close to three times the investment bank’s profit last year, far eclipses the $2.3 billion rogue trader loss at rival UBS in 2011.

From Reuters

The rogue trader affair triggered the departure of Oswald Grubel from UBS, while Gottstein’s predecessor Tidjane Thiam was ousted over a spying scandal.

From Reuters