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Libor Traders Are Said to Avoid Charges in U.K. Probe -Bloomberg

Traders suspected of manipulating the London interbank offered rate, or Libor, are unlikely to face criminal charges in a U.K. regulatory probe, Bloomberg News reported Wednesday, citing people with knowledge of the matter. The banks that employed the traders, however, could face record fines, according to the report. Royal Bank of Scotland Group PLC (RBS.LN), UBS AG (UBS), Deutsche Bank AG (DBK.XE), and Citigroup Inc. (C) are among the institutions being investigated by regulators worldwide. U.S. Securities and Exchange Commission and Commodities Futures Trade Commission officials have been present at some interviews the U.K. Financial Services Authority are holding with traders, Bloomberg reported, citing sources. Spokesmen for the FSA, CFTC and SEC declined to comment, Bloomberg reported. Full story at Write to

Stock News for Ubs (UBS)
05/28/201508:30:00UBS Global Asset Management to Launch Target-Date Collective...
05/28/201508:20:45Libor Accused Received Help from Boss, Evidence Shows
05/28/201508:01:55Libor Accused Received Help from Boss, Evidence Shows
05/27/201511:20:07Bank of England Official Received Emails Relating to Libor Manipulation
05/26/201512:39:22Baird Adds Morgan Stanley Adviser -- Street Moves
05/26/201512:04:18Report of Foreign Issuer (6-k)
05/26/201501:50:09UBS Withdraws From Australian Wealth-Management Business
05/25/201523:33:31UBS Withdraws From Australian Wealth-Management Business -- Update
05/25/201522:10:05China Nuclear Firm Plans Biggest Domestic IPO in 5 Years
05/25/201522:09:34UBS to Withdraw From Australian Wealth-Management Business
05/25/201520:40:06Julius Baer May Get Lighter U.S. Penalty
05/22/201514:45:00UBS AG announces final terms of cash or share dividend
05/20/201519:01:29ADRs End Mixed; Bank Shares Rise
05/20/201518:00:57Southwest's Upgraded Growth Plans Stir Airline Stocks
05/20/201516:40:03UBS to Pay Retiree $1 Million Over Puerto Rican Bond Losses
05/20/201516:26:38UBS Ordered to Pay Retiree $1 Million Over Puerto Rican Bond...
05/20/201511:00:01Banks to Pay $5.6 Billion in Penalties in FX, Libor Probe
05/20/201510:53:09Banks to Pay $5.6 Billion in Penalties in FX, Libor Probe...
05/20/201510:29:57Global Banks to Pay $5.6 Billion in Penalties in FX, Libor Probe
05/20/201510:01:38Report of Foreign Issuer (6-k)

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