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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
06/27/201618:31:00ADRs End Lower; Financial Firms Decline
06/24/201604:20:00Brexit' Shockwaves Ripple Through Eurozone Markets
06/24/201600:40:00U.K. Faces Long Tussle Over Split
06/21/201618:39:00ADRs End Higher; UBS Rises
06/21/201618:10:00SEC Readies Case Against Merrill Over Notes That Lost 95%
06/21/201614:00:00UBS Warns of Potential Trading Hiccups Surrounding 'Brexit' Vote
06/17/201600:10:00Salesforce.com Lost LinkedIn Bid to Microsoft
06/16/201611:00:00Swiss National Bank Tells UBS and Credit Suisse to Bulk Up
06/09/201603:02:00UBS Cuts Broker Recruiting -- WSJ
06/08/201620:50:00UBS Will Cut Recruitment of New U.S. Brokers by 40%
06/08/201617:30:00UBS Wealth Management Americas Introduces New Operating Model
06/08/201609:40:00Regulators Allow Large Foreign Banks More Time on Next 'Living...
06/08/201609:36:00Regulators Allow Large Foreign Banks More Time on Next 'Living...
06/03/201615:00:00J.P. Morgan: You Don't Always Have to Wear a Suit
06/03/201610:00:00UBS Declares Coupon Payments on Thirteen Monthly Pay ETRACS Exchange...
06/02/201621:20:00Aetna Sells $13 Billion of Bonds to Back Humana Purchase
06/01/201608:28:01Report of Foreign Issuer (6-k)
05/27/201606:30:00Oil Prices Trade Lower in London
05/26/201613:10:00Intel Capital Restructuring, Won't Sell Portfolio
05/26/201604:40:00Spain's Banco Popular to Launch Share Sale

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