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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 [email protected]

Stock News for Ubs (UBS)
DateTimeHeadline
03/22/201714:57:00The Art Basel and UBS Global Art Market Report: Key Findings
03/15/201713:00:27Notice of Iran-related Disclosure Filed Pursuant to Section 13(r)(3...
03/15/201710:47:00Rent the Runway Foundation and UBS Announce Finalists for Year...
03/10/201716:05:05Report of Foreign Issuer (6-k)
03/10/201715:57:04Report of Foreign Issuer (6-k)
03/10/201715:48:16Report of Foreign Issuer (6-k)
03/10/201715:37:01Report of Foreign Issuer (6-k)
03/10/201715:15:51Report of Foreign Issuer (6-k)
03/10/201715:01:59Annual and Transition Report (foreign Private Issuer) (20-f)
03/10/201700:45:00UBS publishes Annual Report 2016
03/08/201711:44:00UBS Wealth Management Americas Partners with Rethink Impact to...
03/03/201710:00:00UBS Declares Coupon Payments on Ten Monthly Pay ETRACS Exchange...
03/02/201701:00:00UBS will substitute issuer of future loss-absorbing AT1 capital...
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)

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