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Back to Home » December 2012 News » UBS to pay $1.5B to settle interest rate case |
UBS to pay $1.5B to settle interest rate case |
December 19, 2012
GENEVA (AP) -- Swiss banking giant UBS AG said Wednesday it has admitted to fraud and agreed to pay some $1.5 billion to U.S., British and Swiss authorities in a probe into the rigging of global benchmark interest rates....
Source URL: http://hosted.ap.org/dynamic/stories/E/EU_SWITZERLAND_UBS_PENALTY?SITE=ORLAG&SECTION=HOME&TEMPLATE=DEFAULT
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