UBS Will Pay $1.5B in Libor Scandal

Investigators' findings 'do not make for pretty reading'

By Liam Carnahan,  Newser Staff

Posted Dec 19, 2012 4:33 AM CST

(Newser) – Swiss banking giant UBS will indeed pay a hefty $1.5 billion in fines in the wake of the Libor rate-rigging scandal—a much larger fine than Barclays had to dole out for its role, and the second largest penalty American and British regulators have...   Read full story »


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