UBS Could Pay Higher Libor Fine

UBS may pay up to USD1.6 billion to settle with U.S., U.K. and Swiss regulators to settle claims that it manipulated the London interbank offered rate.

  • 17 Dec 2012

UBS may pay up to USD1.6 billion to settle with U.S., U.K. and Swiss regulators to settle claims that it manipulated the London interbank offered rate. Earlier reports suggested the figure would be around USD1 billion.

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