UBS worker denies feeding tips to trader

Chiswick

  An ex-UBS employee today (mon) denied giving confidential tip-offs to a stock trader today (mon). Fabiana Abdel-Malek, 34, allegedly handed Walid Choucair, 38, inside information on proposed takeovers of five different companies between 2013 and 2014. Choucair allegedly made £1.4million off the back of Abdel-Malek’s tip-offs. Both pleaded not guilty to five counts each of insider dealing at Southwark Crown Court today. The Financial Conduct Authority sparked the prosecution against the pair following an investigation into their business activities….

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