UBS 'ready to admit Libor rigging' in settlement

Written By Unknown on Monday, 17 December 2012 | 18:12

More than 30 traders at UBS are set to be implicated this week in the rigging of
benchmark interest rates as part of a $1.5 billion settlement, it was claimed
yesterday.
UBS is expected to admit that staff were involved in manipulating yen Libor
between 2005 and 2010 as it becomes the latest big bank to [...]
Source:
http://www.ezonearticle.com/2012/12/17/ubs-ready-to-admit-libor-rigging-in-settlement/

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