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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 [email protected]

Stock News for Ubs (UBS)
02/20/201701:00:00Northern Trust to Acquire Fund Services Units of UBS in Luxembourg...
02/17/201710:00:00UBS declares quarterly coupon payments on Exchange Traded Notes:...
02/14/201716:15:11Amended Statement of Ownership (sc 13g/a)
02/14/201714:14:28Form 13f Holdings Report (13f-hr)
02/03/201710:00:00UBS Declares Coupon Payments on 10 Monthly Pay ETRACS Exchange...
01/27/201707:19:31Report of Foreign Issuer (6-k)
01/27/201707:08:03Report of Foreign Issuer (6-k)
01/27/201706:24:15Report of Foreign Issuer (6-k)
01/27/201700:45:00UBS 4Q Adjusted Profit before Tax; CHF 1.1 Billion, up 47% YoY
01/18/201708:00:00UBS Investor Watch Report Reveals Soaring Investor Optimism Overall...
01/13/201718:03:00NOTICE TO UBS PUERTO RICO CUSTOMERS: Klayman & Toskes Files $8.5...
01/09/201703:02:00Big Lenders to Raise China Stakes -- WSJ
01/08/201709:42:00Morgan Stanley and UBS to Increase Stakes in Mainland-China Joint...
01/08/201709:21:00Morgan Stanley and UBS to Increase Stakes in Mainland-China Joint...
01/06/201712:00:00UBS Declares Coupon Payments on 19 ETRACS Exchange Traded Notes
12/30/201610:00:00Announcement on UBS ETRACS ETNs
12/22/201614:59:40Securities Registration: Employee Benefit Plan (s-8)
12/22/201614:54:39Securities Registration: Employee Benefit Plan (s-8)
12/20/201611:12:00World's Largest Trading Floor Put on the Block
12/15/201608:56:00Credit Suisse Hires New Stock-Trading Head from UBS -2nd Update

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