UBS Cleaning House After LIBOR Scandal

09 Jan 2013

Andrea Orcel, UBS’ new ceo, testified before the U.K Parliament that the Swiss bank has been cleaning house of the individuals involved in the manipulation of the London Interbank Offered Rate, with nearly half of those named in the scandal having been fired and most of the remaining staff that participated having left.

Andrea Orcel, UBS’ new ceo, testified before the U.K Parliament that the Swiss bank has been cleaning house of the individuals involved in the manipulation of the London Interbank Offered Rate, with nearly half of those named in the scandal having been fired and most of the remaining ...

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