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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)
07/24/201410:59:15UBS 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...
06/30/201418:07:21New Zealand Debt Management Office Launches April 15, 2027 Nominal...
06/27/201418:45:13Banca Monte dei Paschi di Siena Raises Nearly 5 Billion Euros
06/26/201416:48:38EUROPE MARKETS: Europe Stocks Run Lower After Fed Rate Comment
06/26/201416:46:02EUROPE MARKETS: Europe Stocks Sway After Fed Rate Comment
06/25/201403:59:58Two UBS Asia Executives Depart
06/23/201421:08:50New Zealand Debt Management Office Appoints Lead Managers for...
06/20/201401:30:21TPG, Carlyle Gauge Interest in Possible Healthscope IPO
06/19/201403:09:46Swiss Banks Urged by SNB to Boost Capital
06/16/201423:01:27More Expatriate Americans Break Up With Uncle Sam to Escape Tax...
06/12/201416:16:18UBS Hires Ex-BofA Executive Marcus -NYT
06/06/201417:52:33U.S. Stocks Rise as Jobs Data Show Moderate Growth Path
06/06/201413:20:52Monte dei Paschi Warns It Could Need to Find Capital
06/03/201405:24:05Tianhe Chemicals, Hanhua Financial's IPO Hopes
06/02/201411:49:32UBS Taps Mark Haefele as CIO of Wealth, Private Bank Operations
05/29/201412:28:18Gold Slides as Geopolitical Worries Diminish

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