Risk didn't matter at UBS 'as long as you made money', Adoboli lawyer tells court Mr Greenidge denied this but did not dispute the defence case that the "very nature of the bank became more aggressive" in 2011, following the arrival of "major signings" from Deutsche Bank, including Ricardo Honegger, global head of synthetic equities, and Yassine Bouhara, co-head of global equities. "This was the changed mood of 2011," he said. That somehow profits of $700m had to be found from somewhere to get the bank back up to the position it should be. Mr Greenidge, who was dismissed for gross misconduct, said he felt the bank had made him a "scapegoat." In one of Mr Greenidge's disciplinary hearings at the bank, one of his colleagues said Mr Bouhara had "made it very clear to junior members of the team that in the new world if they made loads of money for the book they would make loads of money for themselves." Mr Greenidge agreed that in order to make greater profits, bankers would "place bigger trades with bigger risks." In 2010, Mr Adoboli and the three other members of the exchange-traded funds department had made a profit of £11.5m. But they made $15.9m in just the first quarter of 2011 and $48m in the second quarter, which could have seen annual profits rise 1000pc if the trend had continued. Mr Greenidge said any agreement for a trader to breach the risk limit would have been verbal and risk limits were only written down at a "higher level." The court heard that Mr Adoboli had been referred to as "the good cop of the EFT team" by a colleague in internal appraisals, with one manager praising his sales skills adding that he could have explained EFTs "to my nan." The former public school head boy was placed on the company's Ascent scheme to train potential leaders of the future.