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View Full Version : Merrill, UBS Commit Fraud on Swaps, Lombardy Tells UK Court - BusinessWeek



FraudNews
06-28-2011, 02:46 PM
Merrill, UBS Commit Fraud on Swaps, Lombardy Tells UK Court (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFNYHW9xIOdy-LGhrXQhcjvIFQipg&url=http://www.businessweek.com/news/2011-06-28/merrill-ubs-commit-fraud-on-swaps-lombardy-tells-u-k-court.html)
BusinessWeek
s Merrill Lynch unit and UBS AG committed fraud and made “an unfair profit” through hidden fees charged on swaps, according to UK court filings by the Italian region of Lombardy, which must set aside millions of euros to cover potential Greek bond ...

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