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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
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05/18/201613:20:00Artsy & UBS Release Four-Part Film Series Providing Insider Perspectives...
05/18/201610:00:00UBS Declares Quarterly Coupon Payments on Exchange Traded Notes:...
05/18/201602:20:00Goldman Sachs Considering Sale of Australia Businesses: Source...
05/16/201616:50:00Wells Fargo Loses Long-Running Broker Dispute With UBS
05/16/201611:00:00Chinese Bank to Buy Giant London Gold Vault
05/16/201609:15:00UBS and SigFig to Form Strategic Alliance for Wealth Management...
05/16/201607:40:00China Challenged to Keep Yuan Stable as Dollar Rises
05/12/201615:23:26Form 13f Holdings Report (13f-hr)
05/11/201610:38:02Report of Foreign Issuer (6-k)
05/11/201610:10:00UBS Taps Former Commerzbank Chief Martin Blessing
05/11/201608:20:00Martin Blessing to join Group Executive Board of UBS
05/10/201616:29:00UBS Preferred Funding Trust IV Issues Notice of Redemption
05/10/201608:10:00UBS's Top Executives Criticize Negative Interest Rates
05/06/201612:59:29Report of Foreign Issuer (6-k)
05/05/201604:10:00Centrica Shares Drop on $1 Billion Fundraising Plans
05/04/201610:00:00UBS Declares Coupon Payments on Thirteen Monthly Pay ETRACS Exchange...
05/03/201607:09:05Report of Foreign Issuer (6-k)

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