UBS Admits Rigging Rates in 'Epic' Plot
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UBS Admits Rigging Rates in 'Epic' Plot

Tōkyō : Japan | Dec 19, 2012 at 9:03 PM PST
Source: Asian Wall Street Journal
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U.S., U.K. and Swiss authorities alleged a vast conspiracy led by UBS AG to rig interest rates tied to trillions of dollars in loans and other financial products, indicating the practice was far more pervasive than previously known. UBS agreed to pay about $1.5 billion to settle charges against the... FULL ARTICLE AT Asian Wall Street Journal
 
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