-
By Lindsay Fortado and Greg Farrell |
December 13, 2012
UBS AG may be fined more than $1 billion by U.S. and U.K. regulators for trying to rig global interest rates.
-
By Lindsay Fortado, Bloomberg |
December 3, 2012
UBS AG, Switzerland’s biggest lender, is close to agreements with U.S. and U.K. regulators to pay more than 290 million pounds ($466 million) in fines over allegations traders tried to rig global interest rates.
-
By Kit Chellel, Bloomberg |
November 14, 2012
Barclays Plc must disclose the identities of Libor traders and employees that made submissions to set interest rates, after a ruling in the first U.K. lawsuit related to manipulation of the London interbank offered rate.
-
By Lindsay Fortado, Bloomberg |
November 9, 2012
U.K. prosecutors are poised to arrest former traders and rate setters at UBS AG, Royal Bank of Scotland Group Plc and Barclays Plc within a month for questioning over their role in the Libor scandal.
-
By Gavin Finch and Liam Vaughan, Bloomberg |
November 8, 2012
The British Bankers’ Association, the lobby group that oversees Libor, proposed cutting the number of currencies and maturities included in the benchmark within the next five months following the rate-rigging scandal.
-
By Gavin Finch, Andrea Tan and Liam Vaughan |
October 4, 2012
Royal Bank of Scotland reportedly suspended a trader for trying to rig the Singapore dollar swap offer rate.
-
By Ginger Szala |
October 1, 2012
-
By Ben Moshinsky and Lindsay Fortado, Bloomberg |
September 28, 2012
Proposals to overhaul Libor, including enhanced powers for U.K. regulators to prosecute rate rigging, may be enacted early next year in a bid to revive confidence in the scandal-ridden benchmark and banking industry.
-
By Lindsay Fortado and Kitty Donaldson |
September 27, 2012
U.S. investigators conducting a criminal probe of interest-rate manipulation have asked their British counterparts for permission to interview London traders.
-
By Lindsay Fortado and Kitty Donaldson, Bloomberg |
September 27, 2012
U.S. investigators conducting a criminal probe of interest-rate manipulation have asked their British counterparts for permission to interview London traders.
