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View Full Version : UBS admits fraud in $1.5 billion Libor rigging settlement - Reuters



FraudNews
12-19-2012, 07:46 AM
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNErl1XHjYzQBcCy2uoR7B RulF4Z2Qamp;url=http://www.reuters.com/article/2012/12/19/us-ubs-libor-idUSBRE8BI00020121219bUBS admits bfraud/b in $1.5 billion Libor rigging settlement/b/abr /font size=-1bfont color=#6f6f6fReuters/font/b/fontbr /font size=-1ZURICH (Reuters) - Swiss bank UBS was hit with a $1.5 billion bill and admitted to bfraud/b on Wednesday in order to settle charges of manipulating global benchmark interest rates. The penalty agreed with U.S., UK and Swiss regulators is more than three b.../b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?ncl=d1dBOKKyuMkIFlMamp;ned=en_zanobrb/b/nobr/a/font/div/font/td/tr/table

More... (http://news.google.com/news/url?sa=tfd=Rusg=AFQjCNErl1XHjYzQBcCy2uoR7BRulF4Z2Q url=http://www.reuters.com/article/2012/12/19/us-ubs-libor-idUSBRE8BI00020121219)