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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)
07/28/201604:30:00Adidas Raises Earnings Outlook Again
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07/26/201621:50:00Deloitte Resigns as 1MDB Auditor
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07/13/201608:00:00UBS Plans to Offer NextSharesTM Exchange-Traded Managed Funds
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07/11/201618:45:00ADRs End Higher; Financial Firms Rise
07/08/201609:50:00CVC Offers $1.1 Billion to Buy Out Nirvana Asia
07/07/201608:05:00Foreign Money Center Banks Equities Technical Review - HSBC Holdings...
07/06/201611:28:00US Pension Fund Fitness Tracker: Funding Ratios Drop 3% in Q2...
07/06/201611:15:00US Pension Fund Fitness Tracker: Funding Ratios Drop 3% in Q2...
07/06/201610:00:00UBS Declares Coupon Payments on Twenty-Three ETRACS Exchange...
07/05/201604:20:00Switzerland Orders UBS to Hand Over More Data
07/05/201601:00:00UBS: Request for International Administrative Assistance in...
07/03/201621:20:00Abu Dhabi Banks' Boards Approve Merger Plan

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