UBS Faces $1B Fine Over Libor Rigging Allegations

UBS AG, Switzerland’s biggest bank, may be fined more than $1 billion by U.S. and U.K. regulators for trying to rig global interest rates, more than double the amount levied against Barclays Plc, according to a person familiar with the probe.

Options Insight: Is the Dollar Gaining Strength?
36:08 - Jim Strugger, MKM Holdings derivatives strategist, discusses market volatility and his options strategy for the PowerShares DB U.S. Dollar Index Bullish Fund. He speaks with Bloomberg's Julie Hyman on "Bloomberg Markets." (Source: Bloomberg)
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