UBS admits fraud, $1.5bn Libor fine - Independent Online

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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-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHCJSN1My9uXri9XDJN4b 1VV_zkXQamp;url=http://www.iol.co.za/business/ubs-admits-fraud-1-5bn-libor-fine-1.1443393img src=//nt2.ggpht.com/news/tbn/ipnq2tqxYwjZeM/0.jpg alt= border=1 width=80 height=60 /br /font size=-2Independent Online/font/a/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=AFQjCNHCJSN1My9uXri9XDJN4b 1VV_zkXQamp;url=http://www.iol.co.za/business/ubs-admits-fraud-1-5bn-libor-fine-1.1443393bUBS admits bfraud/b, $1.5bn Libor fine/b/abr /font size=-1bfont color=#6f6f6fIndependent Online/font/b/fontbr /font size=-1Swiss bank UBS swallowed a $1.5 billion (R12.8bn) fine and admitted to bfraud/b yesterday after a global probe revealed its staff orchestrated the manipulation of benchmark interest rates over three continents. UBS traders colluded with brokers to rig the b.../b/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFHcEgduBPc1KhrA4fxmc-BrfsdzQamp;url=http://www.bdlive.co.za/world/europe/2012/12/19/ubs-fined-1.5bn-admits-fraud-in-libor-probe-settlementUBS fined $1.5bn, admits bfraud/b in Libor probe settlement | Europe | BDlive/afont size=-1 color=#6f6f6fnobrBDlive/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHANjHRlikywT5D7ahxKw MPxuKYnwamp;url=http://www.businessweek.com/articles/2012-12-19/the-ubs-libor-fraud-emails-are-a-gift-for-regulatorsThe UBS Libor-bFraud/b E-mails Are a Gift for Regulators/afont size=-1 color=#6f6f6fnobrBusinessweek/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGbXf9ImBRHZkptRK2b_5 w9EoAoRwamp;url=http://www.wsws.org/en/articles/2012/12/20/libo-d20.htmlUBS Libor-rigging settlement exposes pervasive bank bfraud/b/afont size=-1 color=#6f6f6fnobrWorld Socialist Web Site/nobr/font/fontbr /font size=-1 class=pa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGhAoWqQPvWJqFzQfVt0N z5vBghgAamp;url=http://www.thesun.co.uk/sol/homepage/news/4705374/ubs-fined-945million-over-fraud-and-paying-bribes.htmlnobrThe Sun/nobr/anbsp;-a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFSOJdHi1gjViN9cFpX9D wGmStaYgamp;url=http://www.dw.de/ubs-admits-to-fraud-in-libor-scandal-accepts-hefty-fine/a-16466000nobrDeutsche Welle/nobr/a/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?ncl=d174mBARngyl2dMrI0q-oONFoQT_Mamp;ned=en_zanobrball 1,859 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

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