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By Elena Logutenkova, Bloomberg |
January 10, 2013
Jerker Johansson, a former head of UBS AG’s investment bank, said his unawareness of rigging of global interest rates at the biggest Swiss bank was a failure and negligent.
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By Cheyenne Hopkins, Bloomberg |
December 20, 2012
Senior U.S. lawmakers from both parties are seeking more criminal prosecutions for executives tied to financial-industry wrongdoing as the government reaches billion-dollar settlements with UBS AG and HSBC Holdings Plc.
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By Press Release |
December 19, 2012
The U.S. Commodity Futures Trading Commission announced an Order today against UBS AG and UBS Securities Japan Co., bringing and settling charges of manipulation, attempted manipulation and false reporting of certain global benchmark interest rates.
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By Lindsay Fortado, Gavin Finch and Liam Vaughan, Bloomberg |
December 19, 2012
UBS AG’s $1.5 billion fine for rigging global interest rates expands the scandal to include bribery and highlights the influence of a trader in Tokyo who colluded with other banks to align their submissions.
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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.
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By Kasia Klimasinska and Ian Katz, Bloomberg |
November 27, 2012
The Obama administration declined to brand China a currency manipulator, while saying the yuan “remains significantly undervalued.”
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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.
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By Joshua Gallu |
September 19, 2012
A group of regulators says the same lack of oversight that enabled traders to manipulate the London interbank offered rate plagues other benchmarks.
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By Liam Vaughan, Bloomberg |
August 21, 2012
Every two months, representatives from the world’s largest banks meet at an undisclosed location to review the London interbank offered rate.
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By David McLaughlin, Bloomberg |
August 15, 2012
JPMorgan Chase & Co. and Barclays Plc are among seven banks subpoenaed in New York and Connecticut’s investigation into alleged manipulation of Libor, Bloomberg reports.
