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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 http://www.bloomberg.com/news/2012-06-13/libor-traders-said-to-avoid-charges-in-british-probe.html Write to nymonitoring@dowjones.com

Stock News for Ubs (UBS)
DateTimeHeadline
07/02/201509:00:00US Pension Fund Fitness Tracker: Lower Liabilities Drive Funding...
06/30/201510:20:06Hayes' Emails Presented in Libor Trial
06/29/201516:46:04Annual Report of Employee Stock Plans (11-k)
06/29/201516:44:21Annual Report of Employee Stock Plans (11-k)
06/29/201516:44:21Annual Report of Employee Stock Plans (11-k)
06/24/201509:00:00UBS Global Asset Management & Banco do Brasil DTVM Collaborate...
06/18/201517:00:48Barnes & Noble Adds Two Directors
06/18/201516:20:11Finra Hosts Closed-Door Meeting on Bond Trading
06/18/201502:13:37Big Banks Continue Improving Capital Positions, Says Swiss National...
06/17/201510:55:12Report of Foreign Issuer (6-k)
06/16/201508:50:06Bank of China to Help Set Gold Price
06/16/201508:20:09Bank of China Becomes First Chinese Bank to Help Set Gold Price
06/15/201506:15:18Report of Foreign Issuer (6-k)
06/14/201512:30:00UBS announces successful implementation of UBS Switzerland AG
06/11/201511:50:05RBS to Name Bank of America as New Corporate Broker
06/10/201517:05:00UBS Global Asset Management (Americas) Inc. announces policies...
06/10/201513:45:09Report of Foreign Issuer (6-k)
06/10/201501:00:00Extension of UBS AG's exemptions from SIX Swiss Exchange listing...
06/09/201514:15:00Certent and UBS Wealth Management Americas Launch Next Generation...
06/09/201514:10:01Swiss Banks Report Hidden Accounts

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