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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
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...
08/06/201409:48:36Turkish Lira Slumps Ahead of Presidential Vote
08/05/201408:06:36Switzerland Taming Property Price Growth
08/04/201413:41:59Anglo American Selects Morgan Stanley as Corporate Broker -FT
08/04/201408:51:26Global Markets Stabilize After Last Week's Selloff
08/01/201419:26:07Hiring Settles Into Steady Gains--2nd Update
07/31/201412:00:09ISDA Agrees to Review Whether to Trigger Payouts on Argentina...
07/29/201412:10:12EUROPE MARKETS: BP Among Losers In Europe On Russia Sanctions...
07/29/201409:30:25Deutsche Bank, UBS Sucked into Dark Pools Trading Probe
07/29/201404:53:03EUROPE MARKETS: GKN, Renault Among European Stocks On The Move
07/29/201404:51:23Swiss Property Market Starts to Cool
07/24/201410:59:15UBS AG 2Q 2014 -- Forecast
07/22/201408:35:10Hungary Cuts Key Rate Deeper Than Expected
07/18/201418:44:35Rise in Fee-Based Business Helps Boost Broker Productivity
07/09/201416:17:52Wells Fargo Recruits Brokers From Rival UBS --Street Moves
07/02/201416:33:48Wells Fargo Hires Houston-Area Broker Team from UBS --Street...

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