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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
10/20/201416:09:27Morgan Stanley Hires from Merrill, J.P. Morgan, UBS -- Street...
10/16/201406:20:32Europe Stocks Remain Volatile on Region's Economy Woes -- Update
10/16/201406:15:11Europe Stocks Surrender Early Gains
10/14/201418:50:07Three Senior Traders Fired Amid Global Forex Probe
10/13/201417:30:32Former UBS Executive Set for Tax Fraud Trial
10/03/201409:55:42Former UBS Trader Challenges U.S. Libor Case
09/26/201420:04:31ADR Shares End Higher; Petrobras Shares Trade Actively
09/26/201412:20:11LONDON MARKETS: Bank Stocks Lift FTSE 100; Sports Direct Drops
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09/18/201402:00:09Shanghai Gold Exchange Launches International Board
09/17/201420:43:11ASX Offers to Buy 49% Stake in Yieldbroker
09/15/201417:13:47RadioShack Appoints Interim CFO
09/11/201406:37:16Shanghai Gold Exchange to Launch International Board on Sept...
09/11/201406:05:46Shanghai Gold Exchange to Launch International Board on Sept...
09/10/201407:17:44Santander Chairman Emilio Botín Dies Aged 79 -- 2nd Update
08/29/201412:46:16Zurich Stocks Rise; Novartis Drug Test Results Eyed -- Market...
08/13/201402:46:18SNB Brings Raiffeisen Under Stricter Supervision
08/06/201417:17:37U.S. Stocks End Slightly Higher
08/06/201415:30:29U.S. Stocks Edge Higher
08/06/201411:28:11Correction to Turkish Lira Slumps Ahead of Presidential Vote...

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