UBS Said to Face $1.6B Libor Penalty

UBS AG is set to pay as much as $1.6 billion to settle claims of Libor manipulation by the U.S. Justice Department, the Commodity Futures Trading Commission, the U.K. Financial Services Authority and the Swiss Financial Market Supervisory Authority, said a person familiar with the probes.
Virgin Money Making Progress Challenging U.K. Banks: CEO
34:48 - March 5 -- Virgin Money CEO Jayne-Anne Gadhia discusses the company's earnings, competition and growth prospects with Bloomberg's Mark Barton and Anna Edwards on "Countdown."
  • JCDecaux's China Business Is Doing Very Well: CEO
  • Russia Tops List for Female Business Leaders: Nicholls
  • Expect More of the Same From the ECB Today: Darbyshire