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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)
01/23/201507:50:24UBS' Smiles Tells Asia's Wealthy to Diversify -- Barron's Asia
01/23/201503:39:15UBS: No Major Trading Impact From SNB Move
01/23/201503:22:27UBS Says No Major Trading Impact From SNB Move
01/23/201501:59:15UBS Says No Trading Impact From SNB Move
01/22/201510:20:32U.K. FCA Fines, Bans Two Former Martin Brokers Senior Executives...
01/21/201514:14:49Credit Suisse Outlines Possible Profit Cut Due to Franc Swing...
01/20/201506:08:55European Stocks Buoyed by ECB Hopes -- 2nd Update
01/20/201505:01:23European Stocks Buoyed by ECB Hopes -- Update
01/20/201504:30:04European Stocks Buoyed by ECB Hopes
01/19/201521:38:20Money Managers Led by Fidelity Close to Launch of Dark Pool
01/19/201507:06:09Swiss Franc Remains at Sky-High Levels -- Update
01/19/201505:00:06Swiss Franc Still at Sky-High Levels
01/19/201504:38:48Swiss Franc Remains at Sky-High Levels; Swiss Stocks Regain Some...
01/15/201518:38:35ADR Shares End Mixed; Anheuser-Busch InBev Shares Edge Up
01/15/201517:09:12Swiss Bank Shares Plummet on Central Bank Move--Update
01/15/201515:59:25Raymond James Adds $1.3 Million UBS Adviser -- Street Moves
01/15/201510:05:34Press Release: RAYMOND JAMES RECRUITS $1.3 MILLION ADVISOR FROM...
01/15/201508:20:02Swiss Bank Shares Plummet After SNB Move
01/14/201503:00:28UBS Delists Shares as New-Look Bank Takes Shape
01/13/201519:04:38ADR Shares End Higher; Philips Shares Lower

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