Wednesday 30 July 2014
 
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rigging

How UBS manipulated interest rates

  Swiss bank UBS has been fined $1.5 billion by British, Swiss and US regulators to settle charges of manipulating global benchmark interest rates.   UBS said on Wednesday it will pay $1.2 billion t

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UBS admits fraud; bank fined $1.5bn

  Swiss bank UBS was hit with a $1.5 billion bill and admitted to fraud on Wednesday in order to settle charges of manipulating global benchmark interest rates.   The penalty agreed with US, UK and

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RBS 'close to $564m Libor settlement'

  Royal Bank of Scotland is braced for a penalty of more than 350 million pounds ($564 million) for its role in a global interest rate rigging scandal, the Sunday Times newspaper reported, without citing sources. &nb

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UBS faces $1bn fine for UK Libor rigging

Swiss bank UBS faces a fine of about $1 billion next week to settle charges of rigging the London interbank offered rate (Libor) interest rate benchmark, a person familiar with the situation said. Such a penalty would be more than

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