“Opfikon, a Swiss suburb with leafy streets, neat homes and a cluster of concrete office blocks, became an unlikely faultline in the Libor scandal this spring. Just outside Zürich, it is a place where thousands of soberly clad finance professionals put in intense nine-hour days. But this spring, staff at UBS’s offices there started to notice something unusual.
Every few days or so, a trader at the Swiss bank did not show up for work. At first, other staffers were puzzled by their colleagues’ empty desks on the trading floor.”
Read full FT article here