Weekly Brief: UBS Smacked in LIBORgate Settlement

Dec. 20 (Bloomberg Law) -- Bloomberg Law's Lee Pacchia runs through the legal news for the week. UBS announced a major settlement with US, UK and Swiss authorities for its role in rigging global interest rates. Also, Goldman Sachs and Rajat Gupta are sparring in court over who should pay the nearly $7 million the investment banking giant has spent on Gupta's insider trading scandal. Finally, are we going to see another BigLaw mega-merger? Reports indicate a deal to create a 950-lawyer firm could be in the works.
Tsipras Was Naïve to Call Referendum: Armstrong
37:35 - Plurimi Investment Managers Co-head and CIO Patrick Armstrong discusses the Greek referendum, the possible outcomes of the vote and his outlook for the markets. He speaks to Bloomberg’s Anna Edwards on “Countdown.” (Source: Bloomberg)
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